oil and gas

US Oil Rig Count Slips, Price on Track to Close Flat for the Week

In the week ended December 15, 2017, the number of rigs drilling for oil in the United States totaled 747, down by four from the prior week and up by ...
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5 Solid Oil Services Stocks to Buy for Upside in 2018

Every day it seems like we see new highs in the S&P 500, and bitcoin up another $1,000, and for most investors the urge to chase the performance and huge ...
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Natural Gas Price Sinks Ahead of Storage Data

The U.S. Energy Information Administration (EIA) reported Thursday morning that U.S. natural gas stocks decreased by 69 billion cubic feet for the week ending December 8. Analysts were expecting a ...
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Crude Oil Inventories Decline; Supply at 2017 Peak: IEA

In its monthly Oil Market Report for December released Thursday morning, the International Energy Agency (IEA) said that global crude supplies rose by 200,000 barrels per day in November to ...
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6 Most Important Things in Business Today

If Walt Disney Co. (NYSE: DIS) buys most of Twenty-First Century Fox Inc. (NYSE: FOX), the value of the deal will be close to $75 billion, according to Reuters. T-Mobile ...
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Crude Oil Price Slips on Large Rise in Gasoline Inventory

The U.S. Energy Information Administration (EIA) released its weekly petroleum status report Wednesday morning, showing that U.S. commercial crude inventories decreased by 5.1 million barrels last week, maintaining a total ...
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2018 Outlook: Credit Suisse Sees Big Upside for 5 Top Picks in Exploration & Production

Credit Suisse has made some major changes to its oil and gas coverage universe. The firm initiated coverage on 38 exploration and production (E&P) companies, as well as the major ...
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Major Oil Short Sellers Run for Cover

Crude oil had traded above $50 a barrel in the first quarter of this year, and finally it’s back to that magic number and pushing higher. The price has held ...
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UBS Most Preferred Energy MLPs May Be the Best 2018 Buys

West Texas Intermediate crude is once again trying to knock on the door of $60 a barrel, and with less than three weeks left in the 2017 trading year, many ...
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Gas Prices Ease Near Post-Harvey Low Nationwide

Amid oil prices fluctuating a fair amount last week, gasoline prices moved lower as well, with the average price dropping 2.5 cents per gallon to $2.45. This is just a ...
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US Oil Rig Count Rises Again, Price on Track for Weekly Drop of Nearly 2%

In the week ended December 8, 2017, the number of rigs drilling for oil in the United States totaled 751, two more than in the prior week and up by ...
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How Exxon Mobil Could Return as a Top Dow Stock in 2018

Exxon Mobil Corp. (NYSE: XOM) has been a serious Dow Jones Industrial Average laggard in 2017. The fall from grace has been monumental considering that Exxon has a market value ...
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Natural Gas Price Sets Annual Low Ahead of Storage Increase

The U.S. Energy Information Administration (EIA) reported Thursday morning that U.S. natural gas stocks increased by 2 billion cubic feet for the week ending December 1. Analysts were expecting a ...
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Crude Oil Price Slips Following Inventory Report

The U.S. Energy Information Administration (EIA) released its weekly petroleum status report Wednesday morning, showing that U.S. commercial crude inventories decreased by 5.6 million barrels last week, maintaining a total ...
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Extending OPEC Cuts Will Kick Start the Permian: 4 Stocks to Buy Now

While it has long been thought that OPEC would continue the production cuts that were initially voted on this time last year, one thing has always been the worst kept ...
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