October 13, 2016: Markets opened lower Thursday following a weaker view on China’s trade balance joined with worries about the Fed and third-quarter earnings leave investors with the jitters. Citi, Wells Fargo,…
U.S. commercial crude inventories increased by almost 5 million barrels last week, according to the U.S. Energy Information Administration.
The September 30 short interest data have been compared with the previous figures, and short interest for the selected oil stocks was mixed.
October 10, 2016: Markets opened higher Monday on a light news day with no economic data releases. The energy sector is leading the way as sentiment seems to be building for a…
U.S. commercial crude inventories decreased by 3 million barrels last week, according to the U.S. Energy Information Administration.
With the 10-year Treasury yielding much less than 2% and the prospects for big capital gains going forward far lower than over the past 10 years, switching to top dividend stocks now…
September 30, 2016: Markets opened higher again Friday after Deutsche Bank CEO John Cryan assured employees that the bank’s capital position was better and more liquid than it had been in 2007.…
24/7 Wall St. has searched its research database for international integrated oil companies that may be the winners in a race to supply an oil-thirsty China.
September 28, 2016: Markets opened slightly higher again Wednesday and both the S&P 500 and the DJIA dipped below the break-even line before a report from Reuters hit the wires, citing sources…
U.S. commercial crude inventories decreased by nearly 2 million barrels last week, according to the U.S. Energy Information Administration.
The September 15 short interest data have been compared with the previous figures, and short interest for the selected oil stocks was largely down.
September 21, 2016: Markets opened higher again Wednesday as following an unprecedented announcement from the Bank of Japan that it would institute an interest-rate control plan for its 10-year notes, keeping that…
U.S. commercial crude inventories decreased by more than 6 million barrels last week, according to the U.S. Energy Information Administration.
Investor have reason to buy the top players in the oil industry that can hold their ground as oil stays range bound the rest of this year and gradually begins moving higher…
The week of September 12 brought a fair number analyst upgrades and downgrades in oil and gas stocks. Some analysts believe many of the energy stocks continue to be very smart buys,…
