September 2, 2016: Markets opened higher Friday following a weaker-than-expected gain in non-farm payrolls and an unchanged unemployment rate of 4.9%. Ahead of the holiday weekend only the healthcare sector traded in…
September 1, 2016: Markets opened higher Thursday but the major indexes had little luck holding onto the gains, meager as they were. Energy again was the poorest performing sector with financials not…
August 31, 2016: Markets opened lower Wednesday even though the ADP employment report was better than expected. Every sector started the day’s trading in the red and all 10 are on track…
U.S. commercial crude inventories increased by more than 2 million barrels last week, according to the U.S. Energy Information Administration.
The August 15 short interest data have been compared with the previous figures, and short interest for the selected oil stocks was mixed.
U.S. commercial crude inventories increased by more than 2 million barrels last week, according to the U.S. Energy Information Administration.
August 19, 2016: Markets opened lower Friday as European markets drifted lower and Asian markets closed mixed though very close to the break-even line. No economic data was published today and the…
Exxon Mobil and Chevron are joining forces with Hess to bid as a group for rights to drill in Mexico's deepwater offshore fields.
August 18, 2016: Markets opened higher Thursday after the Labor Department reported that weekly claims for jobless benefits came in lower than expected. The energy sector was the day’s leading gainer and…
August 17, 2016: Markets opened slightly lower Wednesday following a slide in European markets. Utility stocks were the leading sector while consumer discretionary stocks weighed most heavily. WTI crude oil for September…
U.S. commercial crude inventories decreased by more than 2 million barrels last week, according to the EIA.
What should investors look for now? A combination of integrated leaders and Permian Basin companies that are nimble and doing an outstanding job in keeping costs low.
The July 29 short interest data have been compared with the previous figures, and short interest for most of the selected oil stocks was lower.
August 4, 2016: Markets opened higher Thursday following an announcement that the Bank of England will lower its policy rate from 0.5% to 0.25% and begin buying U.K. corporate bonds as well…
Chevron may be shopping Asian assets worth up to $5 billion as the company tries to raise cash in the current, seemingly endless period of low crude oil prices.
Paul Ausick 
