oil and gas

oil and gas Articles

When gasoline prices are lower, Americans may be overpaying at the pump unless they pay attention to local price variations.
The U.S. crude oil inventory fell by 900,000 barrels last week, but gasoline stockpiles dropped by 3.7 million barrels, more than 50% more than analysts had expected. Crude prices rose on the news.
While the spot price of oil may remain volatile, buying the top land drillers with exposure in the best basin plays in the United States makes good sense for aggressive growth investors.
Energy analysts at Morgan Stanley have cut price targets on 17 of 18 companies affected by continuing low natural gas prices. Coal is not a significant factor and won't be in the future.
The Federal Reserve Bank of Dallas's Texas manufacturing outlook survey for the month of March showed that manufacturing activity strengthened in the state for the ninth consecutive month.
The oil and gas industry will generate 50% to 65% of total collections if the Congress and the Trump administration implement a border adjustment tax.
A new Wells Fargo research report is calling for more upside in Weatherford International shares following a joint venture.
The March 15 short interest data have been compared with the previous figures, and short interest moves for the selected oil stocks were mixed.
In a recent report, Jefferies asks whether investors running for their lives from the energy sector could possibly be a sign that things are getting ready to change.
Exxon Mobil has notified shareholders of a mini-tender offer for up to 2 million shares of the company's stock at a discount to the stock's price. The SEC has warned investors in the past of the...
The U.S. onshore rig count rose by a total of 20 last week, with 21 new rigs drilling for oil. Saudi Arabia believes another six months of production cuts will be needed to rebalance the market but...
The Trump administration has issued a permit to TransCanada to proceed with construction of the Keystone XL pipeline. Will the project live up to expectations?
U.S. natural gas in storage dropped by 150 billion cubic feet last week, in line with estimates. The price for April delivery slipped less than 1%.
The U.S. commercial crude oil inventory added 5 million barrels last week to an already swelling storage total. Crude prices dropped on the news, but worse news may be yet to come for OPEC and others...
Brazil's supermajor oil company, Petrobras, posted a net profit for 2016 and was also able to reduce its net debt by about 6%.