oil prices

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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Alaska Oil Pipeline

Oil Surges Higher: 8 Reasons for the Huge Rally

If any commodity has proven to be volatile this year it’s oil. After a two-year plunge that took the black gold from well above $100 a barrel to the mid ...
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Oil platform on sea

Halliburton and Baker Hughes Plan to Fight Justice Department Lawsuit

Halliburton Co. (NYSE: HAL) and Baker Hughes Inc. (NYSE: BHI) are taking a stand against the U.S. Department of Justice's most recent effort to block their intended merger. The companies ...
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Chevron logo

Why Jefferies Sees Even More Upside in Chevron

Despite the rocky drop in oil prices over the past year, Chevron Corp. (NYSE: CVX) still remains a top pick in the integrated oil sector for one key analyst. The ...
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Gas Pump

Gas Prices Above $4 in California

The price of a gallon of regular gasoline nationwide has risen to $2.06 from $1.80 a year ago. In some parts of the country, gas prices nearly are double the ...
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