oil prices
oil prices Articles
BP, the oil giant that is barely clear of its Deepwater Horizon oil leak debacle, said it would fire 7,000 people as it posted a net loss. It will, however, maintain its dividend.
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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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