oil and gas
oil and gas Articles
The number of U.S. land rigs drilling for oil rose by a modest 2 this week after several weeks of larger increases. Crude prices are under pressure from increased production by Russian oil giant...
Published:
Last Updated:
A larger-than-expected decrease to U.S. crude oil stockpiles moderated the drop in crude prices following Thursday's report from the U.S. Energy Information Administration.
Published:
Last Updated:
The U.S. natural gas inventory rose by 96 billion cubic feet last week, slightly less than expected. Gas prices are up about 3.2% on the day as demand is expected to rise as the weather warms up.
Published:
Last Updated:
Huge payouts that have remained consistent, along with the ability for the share prices to go higher, make these solid plays for more aggressive income accounts looking for energy exposure.
Published:
Last Updated:
Kinder Morgan's Canadian subsidiary has sold the troubled Trans Mountain pipeline system and expansion project to Canada's federal government. The government plans to sell the assets as soon as it...
Published:
Last Updated:
These are five of the biggest and best companies in the energy sector, and their shares have taken a good hit over the past week.
Published:
Last Updated:
The price of a barrel of oil has fallen by $5 a barrel since last Thursday. U.S. consumers are paying an average of just under $3 a gallon for regular gas and might be about to catch a price break...
Published:
Last Updated:
The number of land-based rigs drilling for oil in the United States rose by 15 this week. High prices for crude oil continue to drive more production.
Published:
Last Updated:
Royal Dutch Shell has announced a major oil discovery in the U.S. Gulf of Mexico about 170 miles southeast of New Orleans. The company expects to begin production by late next year.
Published:
Last Updated:
The May 15 short interest data have been compared with the previous figures, and short interest in most of these selected big oil stocks increased.
Published:
Last Updated:
The amount of natural gas in U.S. storage rose by 91 billion cubic feet last week, right inline with analysts expectations. Prices had been rising sharply this week as hot weather raised demand for...
Published:
Last Updated:
The U.S. crude oil stockpile unexpectedly jumped by nearly 6 million barrels last week. That has put downward pressure on prices.
Published:
Last Updated:
Pipeline takeaway from the Permian Basin is vanishing as crude oil production grows by around 70,000 barrels a day. This forces producers to sell their crude at a sharp discount as they pay more for...
Published:
Last Updated:
The number of land-based rigs drilling for oil in the United States was unchanged this week. This is the first week in seven that the count has not increased.
Published:
Last Updated:
Canadian midstream company Enbridge has made an offer to acquire the approximately 17% of gas pipeline company Spectra Energy in an all-stock deal. This is the second such deal in two days. What's...
Published:
Last Updated: