oil prices

Oil pumpjack

Merrill Lynch Has 3 Oil Picks for Lower Then Higher Oil Prices

Even though West Texas Intermediate (WTI) has fared better in the recent oil sell-off than Brent crude, the Merrill Lynch team sees an imminent ramp-up in inflow capacity, which may ...
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Low Oil Prices Hurt U.S. Shale Operations

By Nick Cunningham of Oilprice.com Slumping oil prices are putting pressure on U.S. drillers. The number of active rigs drilling for oil and gas fell by their most in two ...
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24/7 Wall St. Guide to Fracking

Like many technological advancements, hydraulic fracturing of oil and gas wells -- better known as fracking -- had been essentially sitting on a shelf waiting for the right moment to ...
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What OPEC Is Really Telling The IMF

The Secretary General for the Organization of the Petroleum Exporting Countries (OPEC), H.E. Abdalla Salem El-Badri, issued a statement to the International Monetary Fund (IMF) on Thursday. He touched on a ...
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Offshore drill rig

Possibility of $80 Oil Makes Only 4 Oil Service Stocks a Buy

The continuing strengthening of not only the U.S. dollar, but oil inventories has kept the pressure on pricing, which while a great gift to consumers, makes the going for oil-producing ...
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Oil spill

The World’s 10 Biggest Energy Gluttons

By Andrew Topf of Oilprice.com Next time you get into your car and drive to the supermarket, think about how much energy you consume on an annual basis. It is ...
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oil rig

Drop in Oil and Gas Prices Is a Buying Opportunity for Oil Services Stocks

After absolutely crushing most sectors of the S&P 500 over the past year, the energy services stocks finally started to see some serious profit-taking after West Texas Intermediate and Brent ...
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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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