oil prices
oil prices Articles
Oppenheimer believes that in the long run oil prices are unsustainable at these levels, and there are several catalysts that could present negative headwinds over the next several weeks.
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Oil has been absolutely beaten up over the past year, and that has resulted in the awful treatment of speculative companies within the industry.
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The September 15 short interest data have been compared with the previous figures, and short interest for the selected big oil stocks increased almost across the board.
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At first, it makes little sense that Alaska is the state with the highest average price for a gallon of regular.
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ThinkstockThe average price for a gallon of regular gas in the United States is $2.30, according to GasBuddy. However in five states, the number has dropped under $2. Several states gas prices should...
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After having downgraded Brazil's sovereign rating to below investment grade Thursday, rating agency S&P has now also downgraded Petrobras.
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It just so happens that some of the latest short interest readings for major oil companies are backing off highs, while others are pushing on new highs.
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American Midstream Partners files for secondary offering to fund an acquisition.
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The U.S. Energy Information Administration (EIA) reported Thursday morning that U.S. natural gas stocks increased more than expected for the week ending August 28.
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Icahn is not necessarily looking for a dividend payout, but it can be surmised that he almost certainly wants Freeport-McMoRan to get rid of the oil and gas albatross it acquired.
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Argus has a Buy rating on Schlumberger, based on strong synergies from the merger deal with Cameron International.
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Seadrill reported mixed second-quarter financial results before the markets opened on Thursday.
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The short interest data have been released for the August 14 settlement date. It just so happens that some of the latest short interest readings for major oil companies are backing off highs.
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Considering falling oil prices and the cost that it takes to store oil, Euronav appears to be well positioned.
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As oil dips below $40 a barrel, gasoline prices will hit lows for late August, lower for this time of year than at any time since 2004.
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