crude oil prices

153715598

Refinery Activity Could Thwart Rising Gas Prices

The U.S. Energy Information Administration (EIA) released its weekly petroleum status report Wednesday morning. U.S. commercial crude inventories increased by 3.5 million barrels last week, maintaining a total U.S. commercial ...
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Fuel pump in fuel tank

Gas Prices Continue to Surge, Reach $4 in Some Cities

Update:  The carefully followed Lundberg Survey announced Monday that the average price of a gallon of regular gasoline reached a 13 month high of $3.5918. That number is up 8.5 ...
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75 dollar oil

The Argument for $75 Oil Should Be $95 Oil

The oil industry may feel picked on by Barron's of late. Master limited partnerships (MLPs) were not exactly given the biggest welcome mat in a piece about Kinder Morgan Inc. ...
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BP

Why Merrill Lynch Reinstated BP at Buy and Raised Exxon Mobil to Buy

Good news for BP PLC (NYSE: BP) -- it has been reinstated with a Buy rating by the U.K. and oil and gas team at Bank of America Merrill Lynch. The ...
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Houston Ship Channel

Will Houston Ship Channel Closure Prolong a Spike in Oil and Gasoline Prices?

Houston, Galveston, Baytown and Texas City are supposed to be good for oil and energy. When an accident occurs that shuts down the Houston Ship Channel, it turns out to ...
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Fuel pump in fuel tank

Gas Prices Shoot Higher With No End in Sight

Gasoline prices may not have reached the $4 a gallon level, which is often considered the point at which anxiety about the price creates large cracks in consumer spending. However, ...
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refilling the car

Gas Prices Jump 10 Cents in Two Weeks

Better access to crude oil, driven by shale oil and refinery capacity, were supposed to slow or reverse the rising price of gasoline well before the summer driving season. That ...
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Kiev

Ukraine War Could Cause Huge Oil Price Spike

It has been over a year since the near-collision of Israel and Iran, then in the midst of enhancing its nuclear stockpiles, drove oil prices up. As Ukraine's Crimea region ...
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fuel gauge

Gasoline Prices Above $3 in All 50 States

In a sign that oil prices and an extremely cold winter have affected gasoline prices, those prices are now more than $3 per gallon for regular in all 50 states. ...
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fuel gauge

Gas Prices Surge Above $3 in All Major Cities

Gasoline prices continue to rise, mostly in lockstep with oil, which has surged to more than $100 per barrel. The price for a gallon of regular moved above $3 in ...
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oil pipeline

Oil Spikes Above $100, Poses New Threat to Economy

Oil prices are, off and on, either a threat to the economy or a potential help to the growth of gross domestic product (GDP). The swing recently has been toward ...
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fuel gauge

All 50 States Have Gas Prices Over $3

In a sign that gasoline prices may not take a predicted dip, the cost of a gallon of regular has moved above $3 in all 50 states. Even states near ...
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153715598

Crude Oil Prices Sink on Rising Inventories

The U.S. Energy Information Administration (EIA) released its weekly petroleum status report Wednesday morning. U.S. commercial crude inventories increased by 6.4 million barrels last week, maintaining a total U.S. commercial ...
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oil rig and tanker

Analyst Sees Four Great Oil Services and Equipment Stocks in 2014

America's quest for energy independence is coming as a catalyst to buy the oilfield services and equipment sector stocks. Sterne Agee is saying that these companies should have steady earnings ...
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oil pipeline

Merrill Lynch Offers Six Top Energy Themes to Watch for in 2014

As 2013 rolls to a close, energy will end up being one of the underperforming S&P 500 sectors in what largely has been a tremendous year for investors. While some ...
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