thinkstockOctober 21, 2014: Markets opened higher on Tuesday likely on the strength of Apple Inc.’s (NASDAQ: AAPL) solid earnings results posted on Monday night. This mornings batch of earnings included two DJIA…
Wikimedia CommonsWith the recent release of the iPhone 6 and iPhone 6 Plus, Apple is again the focus of the financial world. Already in its opening weekend, Apple (NASDAQ: AAPL) sold 10…
thinkstockOctober 20, 2014: Markets opened lower on Monday but the S&P 500 index and the Nasdaq Composite pushed into the green shortly after the opening bell. The DJIA stayed south of the…
The U.S. Energy Information Administration said U.S. commercial crude inventories increased by 8.9 million barrels last week.
ThinkstockOctober 15, 2014: Just about any energy-related stock you can name posted a new annual low in today’s bloodbath. Here are four stocks among the 608 equities making new 52-week lows today: Chevron…
thinkstockOctober 14, 2014: Markets opened higher on Tuesday and had put up a nice gain by noon. Then the wheels came off and the major indexes drifted lower all afternoon as bargain…
Tumbling oil futures combined with a very bad market are putting some top energy stocks on sale.
Most of the top oil stocks, with the exception of Petrobras, saw their short interest fall in late September.
ThinkstockThe U.S. Energy Information Administration (EIA) released its weekly petroleum status report Wednesday morning. U.S. commercial crude inventories increased by 5 million barrels last week, maintaining a total U.S. commercial crude inventory…
A Chevron subsidiary has sold a 30% stake in its 330,000 net acres of the Duvernay shale play in Western Alberta.
The EIA said U.S. commercial crude inventories decreased last week, but remain in the upper half of the five-year range for this time of the year.
thinkstockSeptember 30, 2014: Markets opened higher on Tuesday but by early afternoon all three major indexes had dipped below the break-even line. Gold and oil prices ended trading sharply lower today and…
Nearly every oil industry analyst, participant and casual observer expects the price of oil to continue to slide from the current level.
Investors appeared to be shying away from shorting big oil companies in early September, with the exception of BP.
U.S. commercial crude inventories decreased by 4.3 million barrels last week and remain in the upper half of the five-year range for this time of the year.
