ThinkstockThe U.S. Energy Information Administration (EIA) released its weekly petroleum status report Wednesday morning. U.S. commercial crude inventories increased by 5 million barrels last week, maintaining a total U.S. commercial crude inventory…
A Chevron subsidiary has sold a 30% stake in its 330,000 net acres of the Duvernay shale play in Western Alberta.
The EIA said U.S. commercial crude inventories decreased last week, but remain in the upper half of the five-year range for this time of the year.
thinkstockSeptember 30, 2014: Markets opened higher on Tuesday but by early afternoon all three major indexes had dipped below the break-even line. Gold and oil prices ended trading sharply lower today and…
Nearly every oil industry analyst, participant and casual observer expects the price of oil to continue to slide from the current level.
Investors appeared to be shying away from shorting big oil companies in early September, with the exception of BP.
U.S. commercial crude inventories decreased by 4.3 million barrels last week and remain in the upper half of the five-year range for this time of the year.
These are the top analyst upgrades, downgrades and initiations covered by 24/7 Wall St. on Tuesday, September 23, 2014.
U.S. commercial crude inventories increased last week, moving to the upper half of the five-year range for this time of the year.
thinkstockSeptember 15, 2014: Markets opened slightly lower on Monday after the OECD lowered its U.S. GDP growth forecast. The Empire State manufacturing index rose sharply in September. That rise was offset somewhat…
thinkstockSeptember 11, 2014: Markets opened lower on Thursday as healthcare and energy stocks weighed down the open. Equities appear to be headed for a mixed close as tech stocks have put some…
24/7 Wall St. has looked at the top oil and gas companies and seen some significant changes in the short interest in the sector.
Stocks of several U.S. energy companies took a beating Wednesday morning following the EIA's weekly report on petroleum inventories.
The EIA weekly petroleum status report says U.S. commercial crude inventories decreased by a million barrels last week.
Merrill Lynch made some key changes to its oil ratings on Tuesday, specifically to Chevron, ConocoPhillips and Total.
