With West Texas Intermediate crude oil putting in another strong day, a gain of more than $2 per barrel has put the price of benchmark crude back above $68.50 per barrel. This…
The Dow stocks were split between losers and winners Wednesday with IBM and J&J leading the losers while Home Depot and Chevron paced the winners.
U.S. petroleum inventories fell by modest amounts last week but the declines pushed crude oil prices to a high of more than $68 a barrel, a price last seen in late 2014.
The U.S. commercial crude oil inventory rose by a surprising 3.3 million barrels last week, but after a quick dip in the price, futures rose sharply again.
These eight oil stock are trading near 52-week lows, are rated Buy and have some solid upside to their price targets.
The March 29 short interest data have been compared with the previous figures, and short interest in most of these selected big oil stocks decreased.
Shares of these four mega-cap companies still offer value and potential upside, and they have come down dramatically in price over the past few months.
DowDuPont, Boeing, Chevron, and Caterpillar were Thursday's leaders among the Dow 30.
Crude oil prices cut their losses slightly following the inventory report from the U.S. Energy Information Administration. Investors and traders are grappling with tariffs today, and petroleum inventory changes are taking a…
The U.S. commercial crude oil inventory rose by more than 1 million barrels last week, but stockpiles of gasoline and diesel fuel dropped.
The March 15 short interest data have been compared with the previous figures, and short interest in most of these selected big oil stocks increased.
General Electric, Chevron, Exxon, and DowDuPont were the leading Dow gainers Wednesday.
A Wednesday lease sale covering 77 million acres of the U.S. Gulf of Mexico drew few bids and not much cash.
The U.S. crude oil inventory dropped unexpectedly last week and combined with tensions over supplies from the Middle East, crude prices have pushed higher Wednesday.
Jefferies has made a big move by adding a top retail company to its well-respected Franchise Picks list of stocks to Buy.
