thinkstockJune 13, 2014: Markets opened higher on Friday and even a weak report on consumer sentiment couldn’t keep equities down for long this morning. All three major indexes were pointed at weekly…
ThinkstockWhether or not you believe that the United States invaded Iraq in 2003 to preserve access to the country’s oil, the fact is Iraq sits on a lot of crude. According to…
ThinkstockThe U.S. Energy Information Administration (EIA) released its weekly petroleum status report Wednesday morning. U.S. commercial crude inventories decreased by 2.6 million barrels last week, maintaining a total U.S. commercial crude inventory…
ThinkstockThe short interest data from the May 30 settlement date is out, and we are witnessing some big changes in the bets against big oil companies. Even with some drops in the…
These are the top Wall Street analyst upgrades, downgrades and initiations seen on Tuesday, June 10, 2014. They include AMD, AMR, ARM, Chevron, Exxon, Netflix, Sprint and Twitter.
ThinkstockThe U.S. Energy Information Administration (EIA) released its weekly petroleum status report Wednesday morning. U.S. commercial crude inventories decreased by 3.4 million barrels last week, maintaining a total U.S. commercial crude inventory…
ThinkstockThe 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, and those…
Barrons.comThis past weekend’s edition of Barron’s may be solely responsible for driving the Dow Jones Industrial Average (DJIA) to new highs on Monday. The Dow hit a new high of 16,746.81. The…
courtesy of Wal-Mart Stores Inc.The 500 largest corporations in the United States posted profits of more than $1 trillion last year, the first time ever to reach that level and, of course,…
ThinkstockDividend payments by S&P 500 companies reached an all-time high last year, totaling some $330.8 billion, according to FactSet. As of this March, 418 of the 500 companies in the index paid…
ThinkstockThe U.S. Energy Information Administration (EIA) released its weekly petroleum status report Wednesday morning. U.S. commercial crude inventories increased by 1.7 million barrels last week, maintaining a total U.S. commercial crude inventory…
ThinkstockWhen the Arab oil embargo began in 1973, the halcyon days of cheap gasoline in the United States were over forever. The embargo was initiated by what was known as OAPEC, or…
To be familiar with a brand means a deeper level of engagement than simple awareness. However, it is not necessarily the case that a brand is familiar because it is a well…
In a move that has been expected for some months now, the Kurdistan Regional Government has defied the Iraqi central government and begun exporting crude oil to Europe.
Bob Beck/Gulf Oil Historical SocietySince Gulf Oil Company opened the first gas station in Pittsburgh in 1913, things have changed a little. Like the price of gasoline — $0.30 a gallon then,…
