oil prices


Is Suspending Canadian Drilling the Right Move for Chevron?

Chevron Corp. (NYSE: CVX) announced Wednesday evening that it would abandon its plans to drill in the Arctic. The company released this information in a letter sent directly to Canada’ ...
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Gas pipeline

Rice MidStream Sets Price for IPO

Rice Energy Inc. (NYSE: RICE) has announced the pricing of the Rice Midstream Partners L.P. initial public offering. The offering will consist of 25 million common units with an overallotment ...
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Oil Tanker

Why Oil Is Being Hurt by US, and Why Oil Goes Back Up in 2015

Trying to peg the bottom in oil is quite simply a guessing game. Still, with the gyrations and price swings, some investors have to wonder if the worst has been ...
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Railroad Oil Tank Cars

What This Bounce in Major Oil Giants Means

Oil did not start Tuesday on a good note, but it did make a strong recovery, and that is reflected in the stock prices of some major oil companies. Crude oil ...
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The World’s Top 10 Oil Companies

The price of a barrel of West Texas Intermediate (WTI) crude oil has fallen from more than $100 a barrel in late June to less than $60 a barrel. While ...
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Tesla charging station

Low Crude Oil Prices Hammer Tesla

When pump prices for gasoline hover around $3.50 a gallon, Americans buy more fuel-efficient vehicles than they do when prices fall below $3.00 a gallon. Investors have noticed the behavior, ...
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Oil refinery

Refineries Not Acting How They Should With Falling Oil Prices

Dropping crude oil prices recently have had a large impact on the oil and gas sector, resulting in falling share prices for major oil companies. However, there is a silver lining for the ...
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Fuel pump in fuel tank

Is This Becoming the Second Worst Oil Chart of the Modern Era?

Finding a bottom in the price of oil has become an elusive game of cat and mouse -- or maybe a game of dollars versus logic. What is amazing to ...
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Major Oil Short Sellers May Have Missed the Boat

Short interest data for the November 28 settlement date has been released. Most of the top oil stocks, except for Exxon, saw their short interest fall in this period. Whether ...
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World Demand for OPEC Crude to Fall in 2015

The Organization of Petroleum Exporting Countries (OPEC) released its December Oil Market Report Wednesday morning, and the cartel said that demand will fall and supply will rise in 2015. No ...
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Ruby Pipeline laying

Enbridge Outlook: What Worry About Lower Oil and Energy Prices?

Enbridge Inc. (NYSE: ENB) reported that it will increase its dividend by 33%, as well as openly considering a restructuring plan that would affect its U.S. liquids pipeline assets. What ...
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Why Ratings Agencies Would Be Worried About Petrobras

Petroleo Brasileiro S.A. (NYSE: PBR), or Petrobras, just can’t seem to catch a break. Over the past few months it has been plagued by Brazilian elections, accounting troubles, corruption charges, ...
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Houston Ship Channel

Analyst Playbook for Energy-Related Bank Exposure After Pullback

As oil prices have continued to fall since the 52-week high last summer, the fallout in other sectors is becoming increasingly visible. As a state, Texas puts a huge importance ...
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Kinder Morgan pipeline

Analysts Pick MLPs Insulated From Low Oil Prices

It has been no secret that the falling price of oil has taken its toll on the energy sector. Still, the drop may not be as universally bad as some ...
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As Oil Drops Below $70, What Happens?

Why has oil dropped below 70? Analysts and traders appeared to believe Saudi Arabia did not mean what it said when the country announced in October that it did not ...
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