The U.S. commercial crude inventory fell by more than 6 million barrels last week, according to the U.S. Energy Information Administration. Prices rose more than 1% following the report.
The May 15 short interest data have been compared with the previous figures, and short interest for most of the selected oil stocks increased.
The U.S. commercial inventory of crude oil fell by more than 4 million barrels last week and gasoline inventories also slipped. Pump prices have not moved much, however, as refinery production remains…
Crude oil fell by 1.8 million barrels last week according to the U.S. Energy Information Administration. Crude prices rose on the news.
The U.S. Energy Information Administration reported this morning that crude oil inventories dropped by more than 5 million barrels last week and gasoline inventories by 200,000 barrels. Crude oil prices rose after…
The April 28 short interest data have been compared with the previous figures, and short interest moves for the selected oil stocks were mixed.
Chevron, DuPont, Merck, and Cisco weighed on the DJIA Tuesday.
Caterpillar, Chevron, Exxon, and American Express led Thursday's decline in the DJIA.
Chevron, Merck, Exxon, and McDonald's kept the DJIA above water on Wednesday.
WTI crude oil prices fell more than a full point after the U.S. Energy Information Administration said crude inventories fell by nearly 1 million barrels last week, far below expectations.
Chevron reported better than expected first-quarter 2017 results before markets opened Friday. There's nothing like higher crude oil prices.
Paul Ausick The analysts at Jefferies have made a big move by adding a top consumer goods/auto parts company to the firm's well-respected Franchise Picks list of stocks to buy.
Crude oil bounced near $50 following the U.S. Energy Information Administration's weekly inventory report. Crude inventories fell, but refined products inventories rose even more than crude's decline.
The April 13 short interest data have been compared with the previous figures, and short interest moves for the selected oil stocks were mixed.
The Dow has backed off its highs and the index has more or less been trading sideways for the past week. But a strong earnings showing from these companies could the push…
