Chevron Corp (NYSE:CVX)

refinery

California Oil Refineries Investigated by State Attorney General

California Attorney General Kamala Harris has subpoenaed documents from the state's major oil refiners related to an investigation into whether the companies have artificially raised retail gasoline prices in the ...
Read Full Story »
Oil Barrels

Crude Oil Price Jumps on Inventory Drawdown

The U.S. Energy Information Administration (EIA) released its weekly petroleum status report Wednesday morning. U.S. commercial crude inventories decreased by 4.1 million barrels last week, maintaining a total U.S. commercial ...
Read Full Story »
Pumpjack

Major Oil Short Interest Makes Massive Surge

The short interest data have been released for the June 15 settlement date. With oil prices seemingly on the path to recovery and global markets slowly getting stronger, short interest ...
Read Full Story »
market crash

The 4 Stocks That Weighed on the DJIA Wednesday

June 22, 2016: Markets opened higher for a third straight day Wednesday on wavering sentiment that Thursday's Brexit vote will keep Britain in the European Union. That put some air ...
Read Full Story »
Oil Barrels

Crude Oil Price Turns Lower on Small Inventory Growth

The U.S. Energy Information Administration (EIA) released its weekly petroleum status report Wednesday morning. U.S. commercial crude inventories decreased by 900,000 barrels last week, maintaining a total U.S. commercial crude ...
Read Full Story »
market crash

The 4 Stocks That Weighed on the DJIA Wednesday

June 15, 2016: Markets opened higher Wednesday on hopes that the the FOMC meeting would leave interest rates unchanged, the outcome most people expected and the actual outcome as it ...
Read Full Story »
Oil Barrels

Crude Oil Price Skips Higher on Inventory Drawdown

The U.S. Energy Information Administration (EIA) released its weekly petroleum status report Wednesday morning. U.S. commercial crude inventories decreased by 900,000 barrels last week, maintaining a total U.S. commercial crude ...
Read Full Story »
Pumpjack

Short Interest Continues to Back Off on Major Oil

The short interest data have been released for the May 31 settlement date. With oil prices seemingly on the path to recovery and global markets slowly getting stronger, short interest ...
Read Full Story »
Oil Barrels

Crude Oil Price Holds Gain After Inventory Report

The U.S. Energy Information Administration (EIA) released its weekly petroleum status report Wednesday morning. U.S. commercial crude inventories decreased by 3.2 million barrels last week, maintaining a total U.S. commercial ...
Read Full Story »
Quotes

The 4 Stocks That Lifted the Dow on Tuesday

June 7, 2016: Markets opened higher again Tuesday as many investors see a June hike in the Fed's policy rate as no longer on the table. Even a rate increase ...
Read Full Story »
fracking

Crude Oil Price Narrows Daily Loss After Inventory Report

The U.S. Energy Information Administration (EIA) released its weekly petroleum status report Thursday morning. U.S. commercial crude inventories decreased by 1.4 million barrels last week, maintaining a total U.S. commercial ...
Read Full Story »
Pump Jacks Against at Dusk

Why Merrill Lynch Is Dumping Exxon Mobil to Favor Yield

Rising crude oil prices are changing the calculus at least one analyst is using to recommend stocks in the large cap energy group. Merrill Lynch analyst Doug Leggate has shifted his ...
Read Full Story »
Oil Barrels

Crude Oil Price Holds Gains as Stockpiles Fall 4.2 Million Barrels

The U.S. Energy Information Administration (EIA) released its weekly petroleum status report Wednesday morning. U.S. commercial crude inventories decreased by 4.2 million barrels last week, maintaining a total U.S. commercial ...
Read Full Story »
Oil platform on sea

Major Oil Has Short Sellers Running for Cover

The short interest data have been released for the May 13 settlement date. With oil prices seemingly on the path to recovery and global markets slowly getting stronger, short interest ...
Read Full Story »
Oil Barrels

Crude Oil Price Slumps on Surprise Inventory Increase

The U.S. Energy Information Administration (EIA) released its weekly petroleum status report Wednesday morning. U.S. commercial crude inventories increased by 1.4 million barrels last week, maintaining a total U.S. commercial ...
Read Full Story »