oil and gas

oil and gas Articles

The U.S. commercial crude oil stockpile fell by nearly 9 million barrels last week, but lower demand for gasoline and higher export volumes continue to work against higher crude prices.
On Monday the US Energy Information Administration estimated total crude oil production from seven major onshore shale plays would rise by 117,000 barrels a day in September.
Onshore completion and production services provider Nine Energy Service has amended its filing with the SEC regarding its initial public offering.
The number of onshore U.S. rigs drilling for oil increased by three this week while natural gas drillers shut down eight rigs.
Quintana Energy Services, a growth-oriented provider of diversified oilfield services, filed with the SEC regarding its initial public offering.
The International Energy Agency reported that global stockpiles of crude oil fell by nearly 20 million barrels but remain 219 million barrels above the five-year average.
Sand-based proppant provider Preferred Sands has amended its filing with the SEC regarding its initial public offering.
The U.S. supply of natural gas in storage rose less than expected last week. Cooler weather is on tap for the most highly populated parts of the U.S. next week, and that could tamp down demand in the...
Once again in July, the 14 members of OPEC exceeded their self-imposed quota on production. The cartel also saw a year-over-year price gain of 34% and is encouraged by falling inventories, higher...
The July 31 short interest data have been compared with the previous figures, and short interest moves for most of the selected oil stocks were downward.
U.S. crude oil stockpiles fell by more than 6 million barrels last week, but gasoline inventories unexpectedly rose and refinery runs were significantly higher than anticipated.
The MLP-investing market just was not really braced for even more distribution cuts after what had been seen in 2015 and 2016. One unexpected cut casts a shadow over the whole group of MLPs.
Turmoil in Venezuela following the elections late last month have added fuel to a fire that blew into life when oil prices crashed and the country's main source of export revenue began to dry up.
The US oil rig count dropped by 1 week over week according to Friday's report from Baker Hughes. Rigs drilling for natural gas dropped by 3 in the week, to 189 compared to 81 a year ago.
The differential between the pump price of regular and premium gasoline has doubled in the past year. Here's why and why this may just be the beginning of both higher octane fuel and higher prices.