The latest U.S. Energy Information Administration (EIA) weekly petroleum status showed that U.S. commercial crude inventories increased by 8 million barrels last week.
High-yielding energy stocks make good sense for investors as it may take time for the sector to come back, and collecting large dividends while waiting makes the time go by quicker.
Big Oil is now engaged in cost-cutting operations with mass layoffs and project cutbacks. This could start a positive feedback loop for both oil and oil stocks.
ThinkstockOctober 19 2015: Markets opened lower on Monday after China reported a slight beat on estimates for its Q3 GDP report (up 6.9% vs. 6.8% estimate). The bad news is that the…
U.S. commercial crude inventories increased by 7.6 million barrels last week, maintaining a total U.S. commercial crude inventory of 468.6 million barrels.
The September 30 short interest data have been compared with the previous figures, and short interest for the selected oil stocks increased almost across the board.
thinkstockOctober 8, 2015: Markets opened lower on Thursday but buying in the energy and materials sectors kept stocks near the break-even line until the FOMC minutes were released. The minutes indicated a…
Anyone waiting for some good third-quarter news from U.S. oil companies is very likely to be disappointed when these firms report earnings beginning later this month.
U.S. commercial crude inventories increased by more than 3 million barrels last week, according to the EIA.
Evidence suggests that the bottom could be in for the Dow, for now, and Chevron may be one of its best performers on the way back up.
Trey Thoelcke thinkstockOctober 6, 2015: Markets opened lower on Tuesday following August’s higher-than-expected U.S. trade deficit of $48.3 billion. The Nasdaq Composite was weighed down again today by biotech weakness and little enthusiasm for…
thinkstockOctober 2, 2015: Markets opened lower on Friday, but in a near-miracle retracing fought broke back into the green in the noon hour. The weak start to the day’s trading could have…
While energy is still a contrarian trade, the way to play it is with the big integrated stocks and exploration and production companies that pay a solid dividend.
thinkstockSeptember 30, 2015: Markets opened higher on Wednesday and the DJIA maintained a triple-digit point gain for the whole day. The ADP employment report was in-line with expectations and suggests no big…
Chevron has amended its bylaws to allow proxy access under certain circumstances to certain shareholders.
Jon C. Ogg 
