thinkstockThe U.S. Energy Information Administration (EIA) reported Thursday morning that U.S. natural gas stocks increased by 87 billion cubic feet last week, compared with an expected build of about 74 billion to 78 billion…
ThinkstockTwo oil field services companies announced on Tuesday that they plan to spin off parts of their businesses into separately traded companies. National Oilwell Varco Inc. (NYSE: NOV) will hive off its distribution business,…
ThinkstockNo new oil refinery has been built in the U.S. in more than 35 years. Now there are two in the works. A 20,000-barrel a day refinery in North Dakota is already under construction…
ThinkstockFrench officials revealed on Tuesday that $2 million in gold bars disappeared from an Air France passenger plane after the gold had been loaded on the plane for a flight to Zurich. The gold…
ThinkstockOver the past five days, shares of three companies focused on rare earth mineral production have climbed more than 10% while the S&P 500 has managed to stay barely better than flat. Shares of…
ThinkstockThe battered U.S. coal industry took another shot Friday as U.S. Environmental Protection Agency (EPA) chief Gina McCarthy announced proposed stricter clean air regulations in a speech at the National Press Club. Ever since…
ThinkstockIn a little more than two weeks, Alcoa Inc. (NYSE: AA) will report third-quarter results, and there is every reason to believe that those results will not be pretty. The consensus estimates call for…
thinkstockThe U.S. Energy Information Administration (EIA) reported Thursday morning that U.S. natural gas stocks increased by 46 billion cubic feet last week, compared with an expected build of 55 billion to 59 billion cubic…
ThinkstockIn an effort to curb its current account deficit, and ultimately to prevent even more inflation, the nation of India reportedly has increased its tax on gold imports again. Gold jewelry imported into the…
ThinkstockJames River Coal Co. (NASDAQ: JRCC) has had a rough couple of years. Monday’s announcement that the company was cutting production and laying off 525 workers is just the latest installment of bad news…
ThinkstockIn 2012, the U.S. imported nearly 3 million barrels of oil a day from Canada. The Keystone XL pipeline, if it is approved, would increase that total by 830,000 barrels, but without a change…
ThinkstockGlobal oil markets never seem to sit still. Crude oil prices, of course, vary minute by minute nearly 24-hours a day, but that is only the most visible manifestation of the action. A technological…
courtesy of Chevron Corp.Following a November 2011 leak of about 3,600 barrels of oil from a rig offshore of Brazil, Chevron Corp. (NYSE: CVX) and driller Transocean Ltd. (NYSE: RIG) were slapped with a…
ThinkstockThe run-up in crude oil prices that got rolling in mid-April has pushed West Texas Intermediate (WTI) crude prices from around $87 a barrel to almost $110 a barrel. That is a gain of…
thinkstockThe U.S. Energy Information Administration (EIA) today reported the U.S. natural gas stocks increased by 65 billion cubic feet last week, compared with an expected build of about 67 billion cubic feet anticipated by…