oil prices
oil prices Articles
ThinkstockUntil the advent of the fracking revolution, the glory days of the Permian Basin in West Texas were thought to be long over. Oil and gas companies had gone out of business, and the heady...
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ThinkstockMost of the focus on the rise in gas prices, caused by the surge in oil prices, has been the effect of the march toward $4 a gallon. The focus is misplaced, at least to the extent that in...
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ThinkstockThe recent spike in the price of oil shows how quickly day-to-day worries about supply make longer-term supply issues academic. After months of comments and analysis about how shale and...
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ThinkstockMiddle East instability has long been the geopolitical trigger for oil pricing. As tensions continue to rise in Egypt, West Texas Intermediate (WTI) has soared over the $103 level and the...
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ThinkstockEgypt is not much of an oil-producing nation. However, unrest there has caused oil prices to rise above $100 for the first time in months. Perhaps there is a fear that unrest in Egypt will...
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ThinkstockGold trading closed for the day shortly before the FOMC announcement that the Fed forecast for 2013 growth had slipped, but that the central bank expects unemployment to reach a level...
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ThinkstockThe Organization of Petroleum Exporting Countries (OPEC) released its oil market report for June yesterday, and the International Energy Agency (IEA) followed suit this morning. The U.S....
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ThinkstockThe price of oil has dropped below $94 a barrel, and gasoline prices have been falling as well. The ongoing decline in gas prices in the United States may be helped by low travel levels...
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ThinkstockOne of the ironies of the current economic situation is that slow economies around the world have pushed the price of oil lower, and consequently with it, the future price of gasoline. The...
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ThinkstockIn the month of May so far, crude oil prices have risen nearly 2% after falling by 4% in April. In the past 30 days, the average price for a gallon of gasoline in the U.S. has fallen from...
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ThinkstockNational Oilwell Varco Inc. (NYSE: NOV) reported first-quarter 2013 results before markets opened this morning. The oil field services and drill rig technology firm posted adjusted diluted...
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ThinkstockHalliburton Co. (NYSE: HAL) reported first-quarter 2013 results before markets opened this morning. The oil & gas services company posted adjusted diluted earnings per share (EPS) of...
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ThinkstockThe price of Brent crude has dropped this morning on news that the leaky Brent pipeline system has been repaired and is flowing again. The Abu Dhabi-based company that owns the system is...
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ThinkstockWe have tracked the key short interest changes as of February 15 in the following oil and gas leaders: Baker Hughes Inc. (NYSE: BHI), BP PLC (NYSE: BP), Chesapeake Energy Corp. (NYSE: CHK),...
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ThinkstockGasoline prices have risen again. Yesterday, according to AAA Fuel Gauge, the price of a gallon of regular nationwide cost $3.782, compared to $3.777 the day before and $3.347 a month ago....
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