oil and gas

oil and gas Articles

The U.S. crude oil inventory dipped by nearly 7 million barrels last week, but gasoline inventories, crude oil production and both crude oil and refined product exports rose sharply.
The U.S. Energy Information Administration reported Thursday morning that U.S. natural gas stocks decreased less than expected for the week ending January 12.
Kinder Morgan reported earnings after markets closed on Wednesday. The energy infrastructure company was hit by changes to the tax law, but looks forward to significant benefits over the next five...
U.S. crude oil production from seven major onshore shale plays is expected to rise 111,000 barrels a day month over month to a year-over-year increase of 1.8 million barrels a day.
BP's long financial nightmare may be close to an end. Whether this ends the environmental effect of the incident is less clear.
"Jumanji: Welcome to the Jungle" topped the box office last weekend, bitcoin's priced collapsed, oil prices have surged to multiyear highs, and other important headlines.
As crude oil production cuts from members of OPEC and its allies slowly drain global stockpiles, the price of benchmark Brent crude has risen to around $70 a barrel. At that level, more drilling...
24/7 Wall St. has tracked 15 major energy analyst calls in the major oil and gas stocks made so far in 2018 that should be given a second look.
The U.S. land rig count jumped by 15 this week. The increases to both oil and gas drilling are a result of recent price increases that are finally moving producers to increase spending on drilling.
A barrel of benchmark Brent crude oil traded above $70 in London on Thursday, the first time Brent has reached that level in more than three years. Higher consumer prices are likely to follow.
U.S. natural gas stockpiles posted their largest-ever weekly storage withdrawal last week as the nation responded to very cold temperatures along the east coast and into some parts of the South.
The December 29 short interest data have been compared with the previous figures, and short interest for most of the selected big oil stocks decreased.
SM Energy has announced the sale of more than 110,000 acres in the Powder River Basin for $500 million in cash to an unidentified buyer.
U.S. commercial crude oil inventories dropped by nearly 5 million barrels last week, but gains in both gasoline and distillates nearly offset the drop.
Nine Energy Service expects to price its 7 million shares in the range that results in an initial public offering valued up to around $185 million.