ThinkstockThe U.S. Energy Information Administration (EIA) released its weekly petroleum status report Wednesday morning. U.S. commercial crude inventories decreased by 200,000 barrels last week, maintaining a total U.S. commercial crude inventory to 360 million…
ThinkstockCost-cutting and price-cutting have been the major trends in the oil field services sector for at least the past year. It is hard to know which is the chicken and which the egg, but…
ThinkstockThe research team at Merrill Lynch has found that global investors remain very “underweight” in their holdings of metals and mining shares, while valuations do not look stretched. This contrasts with decent fundamentals for…
ThinkstockThe U.S. Energy Information Administration (EIA) released the September revision to its Short-Term Energy Outlook on Tuesday, and the major change is that the EIA now expects the average price of a barrel of…
ThinkstockCoal mining stocks have had a couple of bad years. Actually, since peaking in mid-2008, Central Appalachian thermal coal prices have dropped from more than $140 a ton to around $50 a ton. Cheap…
ThinkstockThe Russian proposal to put Syria’s chemical weapons stockpile under international control has changed the calculus on President Obama’s intention to take military action against the Middle Eastern country. The Russian proposal appears to…
thinkstockThe Belarusian Potash Company (BPC) lives again. Ever since Russian potash producer Uralkali pulled out of the trading company in late July, its sole partner, Belaruskali, has been fighting the dissolution, primarily by charging…
ThinkstockThe U.S. Energy Information Administration (EIA) released its weekly petroleum status report this morning. U.S. commercial crude inventories decreased by 1.8 million barrels last week, maintaining a total U.S. commercial crude inventory to 360.2…
thinkstockThe U.S. Energy Information Administration (EIA) today reported the U.S. natural gas stocks increased by 58 billion cubic feet last week, compared with an expected build of about 53 billion to 57 billion cubic…
ThinkstockSince late June, copper prices have been trending upward, from a low of around $3.00 a pound to around $3.30 on Tuesday. Production is estimated to be 167,000 metric tons (tonnes) above demand this…
ThinkstockIndependent oil and gas exploration and production company Apache Corp. (NYSE: APA) announced after markets closed on Thursday that it had launched a global strategic partnership with a subsidiary of Chinese oil giant Sinopec…
thinkstockThe U.S. Energy Information Administration (EIA) today reported the U.S. natural gas stocks increased by 67 billion cubic feet last week, compared with an expected build of about 64 billion cubic feet anticipated by…
ThinkstockThe U.S. Energy Information Administration (EIA) released its weekly petroleum status report this morning. U.S. commercial crude inventories increased by 3 million barrels last week, maintaining a total U.S. commercial crude inventory to 362…
ThinkstockWhen Caterpillar Inc. (NYSE: CAT) reported earnings in July, the company took the opportunity to cut its revenue and earnings guidance for the full fiscal year. Mining equipment maker Joy Global Inc. (NYSE: JOY)…
ThinkstockAlmost every trading day 24/7 Wall St. covers research reports for analyst upgrades, analyst downgrades, and for new analyst coverage. We also cover specific sector calls that stand out above and beyond many of…