oil prices

Oil platform on sea

Major Oil Has Short Sellers Running for Cover

The short interest data have been released for the May 13 settlement date. With oil prices seemingly on the path to recovery and global markets slowly getting stronger, short interest ...
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Oil worker

Why Halliburton May Be Worth 25% More, Even Without Baker Hughes

Earlier this month, Halliburton Co. (NYSE: HAL) and Baker Hughes Inc. (NYSE: BHI) were forced to terminate their merger plans because they were unable to secure an approval from the ...
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oil train

Meet the New (Almost) Highest Analyst Target for Exxon Mobil

The sharp decline in oil prices since the summer of 2014 was a surprise to many investors and analysts alike, and there has been an incredible fallout within the energy ...
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Pumpjack

Short Interest Remains Mixed on Major Oil

The short interest data have been released for the April 29 settlement date. With oil prices seemingly on the path to recovery and global markets slowly getting stronger, short interest ...
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Two Dollars

Gas Prices Jump Above $2 in 42 States

The average price for a gallon of regular gasoline reached $2.20 recently, up from $2.04 a month ago and $2.56 a year ago. The benefit of cheap oil has started ...
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oil tanker

Short Sellers Can’t Make Up Their Minds on Major Oil

The short interest data have been released for the April 15 settlement date. With oil prices seemingly on the path to recovery and global markets slowly getting stronger, short interest ...
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oil tanker

Merrill Lynch Raises Price Targets on Top Energy Stocks Rated Buy

Despite the lack of a production freeze agreement in the Doha meeting, and the end of the oil workers strike in Kuwait, oil prices are still hanging around the $40 ...
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GasStationPump

Premium Gasoline Prices Retreat From 2-Decade High: How We Got There

According to the latest numbers from the U.S. Energy Information Administration (EIA), 11.2% of all gasoline sold at gas stations in the United States is premium grade. So, with regular ...
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Oil pumps

Despite Doha Disappointment, 3 Oil Stocks to Buy Now

If there was a no-brainer call this past week it was that the OPEC poohbahs would get nothing done at Doha during their recent get together to discuss oil prices. With ...
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globe

Stifel Analysts Comment on Saudi Arabia, Brexit, Oil

The sharp drop in crude oil prices that occurred in early trading Monday had been pared back to less than 1% by the noon hour. That could be the result of ...
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falling oil prices

Will Oil Prices Drop to $20?

It was only four months ago that several prominent analysts said oil would drop as low as $20 a barrel. The recent run-up in prices had turned them into fools. However, ...
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Gas Can

America’s Cheapest Gas Moves Above $1.50

Gasoline is not cheap anymore. Since the national average for a gallon of regular dropped below $1.75, it has risen to $2.08. One marker of gas prices is where the lowest ...
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sadness check box

Why Wells Fargo Just Downgraded Marathon Oil

Although Marathon Oil Corp. (NYSE: MRO) may still be down massively from its prior highs, but its shares have doubled off the lows seen as recently as February 11. Now ...
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oil train

CSX Earnings More or Less Meet

CSX Corp. (NASDAQ: CSX) reported its first-quarter financial results after the markets closed on Tuesday. The company had $0.37 in earnings per share (EPS) on $2.62 billion in revenue, compared ...
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oil train

Short Interest Continues to Back Off Major Oil

The short interest data have been released for the March 31 settlement date. With oil prices seemingly on the path to recovery and global markets slowly getting stronger, short interest ...
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