oil and gas
oil and gas Articles
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...
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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.
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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...
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U.S. natural gas in storage increased by more than 100 billion cubic feet last week. Prices were little changed following the report from the U.S. Energy Information Administration.
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The EIA reports that U.S. crude oil inventories fell by 1.4 million barrels last week and gasoline stockpiles fell by 3.8 million barrels. But production and exports continue rising, offsetting the...
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The International Energy Agency this morning released its monthly report on the global oil market. The IEA is forecasting slightly lower demand for this year as rising prices begin to take their toll.
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The top picks at Jefferies are based on a long-view bullish stance on the industry. These seven top companies are solid choices for long-term growth portfolios looking to add energy.
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The U.S. Energy Information Administration released its Drilling Productivity report today showing an estimated production growth of 144,000 barrels of oil a day from the 7 major onshore shale oil...
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With the risk premium in the Middle East back on the table, and the worldwide glut of oil almost eliminated, when you add in surging demand you have all of the tailwinds needed to push energy stocks...
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Land-based oil producers in the United States added 10 new rigs this week and natural gas producers added three, as rig counts continue to surge on rising commodity prices.
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These five top stocks all make good sense for investors looking to add energy, especially companies with Permian Basin exposure. They are also smart plays now considering that some also could be...
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U.S. stockpiles of natural gas rose by 89 billion cubic feet last week, about in the middle of analysts' expected range. Natural gas prices moved slightly higher after the report.
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The April 30 short interest data have been compared with the previous figures, and short interest in most of these selected big oil stocks decreased.
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U.S. crude oil inventories fell by more than 2 million barrels last week, considerably more than expectations. Prices have jumped more than 3%, largely due to the U.S. withdrawal from the nuclear...
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U.S. gasoline prices will reach nearly $3 a gallon in June and average $2.90 a gallon for the whole year according to the latest Energy Information Administration Short-Term Energy Outlook.
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