Energy
306 Articles
This morning’s report from the US Energy Information Administration (our coverage here) showed that commercial crude oil inventories in the…
The three major US stock indexes opened higher this morning, following on a positive debt sale by Portugal and some…
Oil refiner Marathon Petroleum Corp. (NYSE: MPC) posted a quarterly EPS loss of -$0.21 this morning, way below the consensus…
The United Steelworkers Union has reached a tentative agreement with US refiners that will avoid a strike that could have…
The United Steel Workers union could authorize a strike against US refineries that produce about one-third of the country’s daily…
One of the largest crude oil refiners in the US, Tesoro Corp. (NYSE: TSO), this morning lowered its earnings guidance…
The announcement from Enbridge Inc. (NYSE: ENB) that it would acquire the 50% stake in the Seaway pipeline system owned…
The markets opened lower this morning and not until mid-afternoon were equities able to put a mark above yesterday’s close.…
Two major oil refiners have reported third-quarter earnings since the market closed last night. Both posted better-than-expected earnings primarily due…
In the week ended September 16th, the US exported more refined products than it imported. Year-over-year, the US is now…
The refining business has been in the news a lot recently for two things. One, it’s making money again. Two,…
Beginning in the early 1990s, integrated oil companies and some independents began stripping away their midstream assets like interstate pipeline…
So far this year we’ve noted a couple of major spin-offs in the energy section. Marathon Oil Corp. (NYSE: MRO)…
This past weekend’s startling developments in Libya hit the crude oil markets almost instantly. Brent crude in Europe fell to…
As the markets swoon today from Friday night’s downgrade of US debt, Standard & Poor’s is making other changes to…
Our top personal finance-related articles today. Your wallet will thank you later.