oil prices

road fork sign

Malaysia Flight 17 and Other Things That Could Collapse Markets

The world equity markets did not react much to the downing of Malaysia Flight 17 in Ukraine, apparently hit by a missile. After a brief sell-off, most of the major ...
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gas sign

EIA Forecasts Higher Gasoline Prices in 2014

The July forecast from the U.S. Energy Information Administration (EIA) calls for the price of a gallon of gasoline to fall from a second-quarter average of $3.68 to an average ...
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Crude Oil Inventories Fall as Gasoline Inventories and Prices Rise

The U.S. Energy Information Administration (EIA) released its weekly petroleum status report Wednesday morning. U.S. commercial crude inventories decreased by 600,000 barrels last week, maintaining a total U.S. commercial crude ...
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Fuel pump in fuel tank

More Than Half of States Report Rising Gas Prices

The effects of the turmoil in Iraq have started to drive oil prices higher. Whether coincidental or not, gas prices have recently risen across 26 states. Among them is California, ...
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oil rig and tanker

The Best Value Among U.S. Oil Giants

The oil and gas giants have long been sought after by investors. Two of the three largest integrated players are Dow Jones Industrial Average components. They also offer solid dividends, ...
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Fuel pump in fuel tank

Gas Prices Slide Lower, Threat of $4 Disappears

Gasoline prices have started to drop in earnest, as many economists suggested. Nationwide, after peaking at $3.66 two weeks ago, the average price of a gallon of regular has dipped ...
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refilling the car

Gas Prices Rise Again, Move Closer to $4

In what has become almost a daily pattern, gasoline prices have risen again, reaching $3.653 as the average price for a gallon of regular nationwide. The comparable price for premium ...
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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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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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oil storage terminal

Baird Very Cautious on Energy: Six Top Stocks to Buy Now

The S&P 500 has churned in a fairly tight band of being down 6% to up 2% during 2014 as investors continue to digest the ongoing tapering by the Federal ...
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fuel gauge

Gas Prices Jump Above $3.50 in Major States

Brent crude rose above $110 recently. Cold weather should push that price higher over the next several weeks. If so, it would be a primary factor in the sharp rise ...
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oil rig and tanker

Will Petrobras Stock Break Under $10?

Petróleo Brasileiro S.A. (NYSE: PBR), or Petrobras, is supposed to be a great oil giant, with vase proven and probable reserves, and with a vast opportunity in Brazil. The problem ...
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oil storage terminal

Merrill Lynch Sees Volatile 2014 Oil Market for Top Stocks to Buy

At the end of last year and since we have published many of the top stock picks from firms we cover on Wall Street. Noticeably absent on the top sectors ...
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oil storage terminal

BP Energy Outlook 2035 Seems Conservative – Oil and Renewables Alike!

Usually when you see a 2030 or 2040 projection from an energy company, you would probably expect for the company making the presentation to be talking up their own book. ...
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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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