Chevron has moved its Big Foot tension-leg platform into a sheltered location following the collapse of six of the platform’s 16 subsea connectors that would have connected the platform to the sea…
Paul Ausick Stocks decided to take a breather at the end of May, bringing up many questions ahead of summer about just how strong and powerful this bull market can remain after six years.
So far this year, Chevron and Exxon Mobil have been the fifth and fourth worst performers in the Dow Jones Industrial Average.
The EIA released its weekly petroleum status report Thursday morning, a day later than usual due to the Memorial Day holiday.
As a whole, it appears that as oil prices continue to rise, investors are becoming more optimistic and short sellers are backing off.
There are concerns brewing that will require some serious underlying issues to change for the rate of dividend growth and endless buyback expectations.
thinkstockMay 26, 2015: Markets opened lower on Tuesday and equities drifted lower throughout the day-long session. Every sector traded lower today with energy and basic materials taking the worst of it. A…
ThinkstockThe collapse of crude oil prices that started last Fall and continued through the first half of March this year has forced many U.S. producers to delay new drilling or well completions…
The latest EIA weekly petroleum status report showed U.S. commercial crude inventories decreased by 2.7 million barrels last week.
thinkstockMay 19, 2015: Markets opened slightly higher on Tuesday following an uninspired trading day in Asia and a European equities market that was being batted around after a comment by a board…
Monday's top analyst upgrades, downgrades and initiations include BP, Chevron, Chesapeake, GoPro and Yelp.
In a very bullish note for the markets, insider buying volume was significantly higher than insider selling this past week. This is very good and bodes well for the rest of the…
In a new report from Cowen, the analysts say when it comes to oil, go big cap for the last half of 2015.
The latest EIA weekly petroleum status report indicated U.S. commercial crude inventories decreased by 2.2 million barrels last week.
As a whole, it appears that as oil prices continue to rise that investors are becoming more optimistic and short sellers are backing off.
