oil and gas
oil and gas Articles
Even though US crude oil stockpiles are falling, prices for crude are not rising. Neither are pump prices for consumers. As long as refiners are producing at record volumes and at fat margins, prices...
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With reports that President Donald Trump is leaning toward pulling the United States out of the Paris climate accord, it has been unsurprising that many industries and leaders have come out urging...
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The U.S. commercial crude inventory fell by more than 6 million barrels last week, according to the U.S. Energy Information Administration. Prices rose more than 1% following the report.
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U.S. natural gas stockpiles rose by 81 billion cubic feet last week, a larger-than-expected increase in the country's inventory. Prices that had been slipping since last Friday continued their slide.
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Shares of Energen saw a handy gain on Wednesday after the hedge fund Corvex Management announced a stake in the company and called for a potential sale.
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WTI crude for July delivery traded down more than 3.5% early Wednesday as traders remain skeptical that global supply-demand balance is in the cards even with the recently announced nine-month...
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Goldman Sachs has soured on several exploration and production players in the oil and gas space, downgrading multiple companies in the sector.
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Kinder Morgan successfully completed the Toronto Stock Exchange IPO of its Kinder Morgan Canada subsidiary, raising $1.3 billion to get the firm started on the construction of an expanded Trans...
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Antero Midstream G.P. closed its initial public offering earlier this month, and now its quiet period has come to an end.
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Offshore drilling firms Enscoand Atwood Oceanics announced Tuesday morning a definitive merger agreement valued at about $839 million.
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Kinder Morgan has filed for an IPO of its Kinder Morgan Canada Ltd. subsidiary at an offering price of $C17 per share to raise C$1.75 billion. The IPO is expected to be completed by the end of this...
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U.S. stockpiles of natural gas in storage rose by 75 billion cubic feet last week, more than analysts had forecast. That has caused the price to pull back slightly.
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The May 15 short interest data have been compared with the previous figures, and short interest for most of the selected oil stocks increased.
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The U.S. commercial inventory of crude oil fell by more than 4 million barrels last week and gasoline inventories also slipped. Pump prices have not moved much, however, as refinery production...
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President Donald Trump’s plan to sell off half of America’s oil reserves sent oil prices lower Tuesday, as investors fear a future glut of the commodity on the market.
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