oil prices
oil prices Articles
Exxon Mobil is expected to release its fourth-quarter earnings before the markets open on Tuesday.
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In a new research report, Jefferies analyst Jason Gammell now sees more upside than downside to oil from current levels, and he thinks oil could average $39 a barrel in the second half of 2016.
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As of the January 15 settlement date, some of the latest short interest readings for major oil companies are backing off of highs, while others are attempting to push new highs.
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Schlumberger is set to report its fourth-quarter financial results Thursday after the markets close.
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Kinder Morgan reported disappointing fourth-quarter financial results after the markets closed on Wednesday.
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Kinder Morgan is scheduled to report its fourth-quarter financial results after the markets close on Wednesday.
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24/7 Wall St. screened the Merrill Lynch research database for companies rated Buy that could also be prime takeover targets.
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The short interest data have been released for the December 31 settlement date. Short interest for the selected oil stocks was mixed.
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In the latest revision of its Short-Term Energy Report, the U.S. Energy Information Administration said the total U.S. crude production fell to an average of 9.4 million barrels a day in 2015.
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WPX Energy announced that it signed an agreement to sell its San Juan Basin gathering system for consideration of approximately $309 million.
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Lucas Energy announced that is has signed a purchase agreement to acquire, from 21 different entities and individuals, working interests in producing properties and undeveloped acreage.
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AAA and GasBuddy, two organizations that follow gas prices, say that gasoline prices below $2 will be routine around the United States.
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Some international economic watchers may wonder if a financially unstable Saudi Arabia could lead to more unrest in an already volatile Middle East.
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The short interest data have been released for the December 15 settlement date, and short interest for the selected stocks was saw a definite jump.
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Oil won't stay this low forever. In the meantime, it just makes sense for investors to stay with the large cap leaders who have survived these market downturns in the past.
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