It makes sense for investors to add to or initiate positions in the major integrated oil companies that offer long-term stability and consistent dividends. These four are rated Buy at Merrill Lynch…
The U.S. crude oil inventory rose last week as did gasoline stockpiles. Crude oil production was also up and so were crude oil exports.
The October 31 short interest data have been compared with the previous figures, and short interest for the selected big oil stocks was mixed.
U.S. crude oil inventories unexpectedly rose last week but the gain was offset by large decreases in refined products stockpiles. The futures and options markets are massively long on petroleum.
Jefferies is very positive on these four top energy companies, two of which are in the firm's Franchise Picks portfolio of high conviction stocks to Buy.
Disney, Chevron, Boeing, and Apple all posted solid gains to lead the DJIA to a new all-time high on Monday.
The price of oil was solid this past week, and there were several upgrades or big upside price targets in oil and gas and in other energy-related stocks.
With the price of oil finally appearing to be breaking out, and the possibility for continued production cuts for the OPEC nations a possibility, the energy outlook for 2018 is considerably brighter.
U.S. crude oil stockpiles fell by more than 2 million barrels, but exports rose to nearly equal that amount every day of the week. U.S. crude prices stumbled from gain of more…
Intel, Apple, Goldman Sachs, and Chevron did the heavy lifting to push the DJIA up Tuesday.
These five stocks could be great total return stories and also offer investors a degree of safety in what has become a very expensive stock market.
The top analyst upgrades, downgrades and other research calls from Monday include AMD, Chevron, GM, Intel, Merck, Nokia and Under Armour.
Chevron reported mixed third-quarter 2017 results before markets opened Friday and said U.S. production of natural gas was down as prices dipped.
Paul Ausick The U.S. crude oil inventory rose by nearly a million barrels last week while gasoline and distillate inventories dropped sharply.
The October 13 short interest data have been compared with the previous figures, and short interest for the selected big oil stocks decreased.
