oil prices
oil prices Articles
The announcement came as a part of Schlumberger's terrible first-quarter earnings announcement. The carnage of layoffs continues across the oil industry due to low crude prices.
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Gasoline prices have started to march back to $3 a gallon, after breaking the $2 barrier on the way down just weeks ago.
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In another piece of news that could drive up oil prices, the International Energy Agency revised its forecast for oil demand.
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Even long after the Gulf oil spill, BP has had a rough run of things. It does not help that two analysts are making near identical calls on the stock implying a slight downside to current prices.
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Norfolk Southern released updated guidance for its first quarter due in part to lower than expected revenues.
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OPEC says that unbridled competition within the oil industry has cost 100,000 jobs. But are its comments self-serving?
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Oppenheimer suggests that there will be an increased wave of mergers and acquisitions in the oil industry.
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Some of the latest short interest readings for major oil companies are continuing to push new highs for the most recent settlement date.
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The EIA forecast of average gas prices was low enough that some portions of the United States will need to have $2 gas for the numbers to be accurate.
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The bribery scandal surrounding Petrobras has plagued the company since last year. Now it looks like there is a new twist in this Brazilian soap opera.
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Wells Fargo made some broad calls on the oil market about what it sees coming for West Texas Intermediate (WTI) crude, as well as for some major oil companies.
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California suffers from a perfect storm of conditions that keep gasoline prices high.
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CIA World FactbookThe stock market may have tanked on Wednesday, but geopolitical risk from Yemen was one of the excuses that was used for the rally in oil on this day. It may simply have been an...
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U.S. commercial crude inventories increased by 8.17 million barrels last week, maintaining a total U.S. commercial crude inventory of 466.7 million barrels.
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Common sense would say that short sellers have made huge bets and boatloads of money as the stocks and commodities around the oil patch have suffered.
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