crude oil prices

Short Sellers Hike Bets on Major Oil Stocks

Crude oil had traded above $50 a barrel before early March, and now it is back above this level for the first time in over a month. This level was ...
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Crude Oil Prices Dip as Inventories Shrink

The U.S. Energy Information Administration (EIA) released its weekly petroleum status report Wednesday morning. U.S. commercial crude inventories decreased by 4.4 million barrels last week, maintaining a total U.S. commercial ...
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Crude Oil Prices Rise on Falling Inventories

The U.S. Energy Information Administration (EIA) released its weekly petroleum status report Wednesday morning. U.S. commercial crude inventories decreased by 1.8 million barrels last week, maintaining a total U.S. commercial ...
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IEA Oil Market Report Sees Bumpy Road to Rebalancing

In its monthly Oil Market Report for May released Tuesday morning, the International Energy Agency (IEA) said that global crude supplies fell by 144,000 barrels per day in April, primarily ...
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OPEC, Russia Want Longer Period of Production Cuts

The whole idea behind the crude oil production cuts initiated by the Organization of the Petroleum Exporting Countries (OPEC) and its 11 non-member partners, including Russia, was to slice 1.8 ...
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Crude Oil Prices Move Higher on Oil, Gasoline Inventory Declines

The U.S. Energy Information Administration (EIA) released its weekly petroleum status report Wednesday morning. U.S. commercial crude inventories decreased by 5.2 million barrels last week, maintaining a total U.S. commercial ...
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Short Sellers Cannot Make Up Their Minds on Major Oil

Crude oil had traded above $50 a barrel before early March. This level was once thought as a support level, but after crude dropped by over 5%, this has been ...
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EIA Forecasts Rising Production, Moderating Pump Prices

The U.S. Energy Information Administration (EIA) on Tuesday released the latest update to its Short-Term Energy Outlook (STEO). The EIA is forecasting an average U.S. pump price for 2017 of ...
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Why Oil Could Drop to $40 a Barrel

The six-month production cuts announced by the Organization of the Petroleum Exporting Countries (OPEC) and its non-OPEC partners boosted the price of crude oil by about $10 a barrel to ...
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Crude Oil Prices Fall on Smaller-Than-Expected Inventory Decline

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 ...
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Liberty Oilfield Services Announces Potential Pricing for IPO

Liberty Oilfield Services has filed an amended S-1 form with the U.S. Securities and Exchange Commission (SEC) for its initial public offering (IPO). The company intends to price its 20 ...
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Nine Energy Services Files for IPO

Nine Energy Service has filed an S-1 form with the U.S. Securities and Exchange Commission (SEC) regarding its initial public offering (IPO). No pricing details were mentioned in the filing. ...
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Solaris Announces Potential Pricing for IPO

Solaris Oilfield Infrastructure has filed an amended S-1 form with the U.S. Securities and Exchange Commission (SEC) regarding its initial public offering (IPO). The company expects to price its 10.6 ...
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Crude Oil Prices Rise Sharply on Big Drop in Crude Inventories

The U.S. Energy Information Administration (EIA) released its weekly petroleum status report Wednesday morning. U.S. commercial crude inventories decreased by 3.6 million barrels last week, maintaining a total U.S. commercial ...
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Major Oil Short Interest Pulls Back Slightly After Oil Falls Under $50

Since Trump has taken the White House, crude oil had traded above $50 a barrel until early March. This level was once thought as a support level, but after crude ...
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