Prospects for a recovery in the energy sector have been getting dimmer in the past several weeks, and Tuesday's announcement from Moody's Investor Services darkens an already bleak picture.
December 14, 2015: Markets opened very slightly higher on Monday and traded lower for most of the morning before bouncing around the breakeven line and trending slightly higher less than an hour…
December 10, 2015: Markets opened lower for a fourth consecutive day on Thursday but almost immediately broke into positive territory and remained there for most of the day. Every sector traded higher…
On Wednesday, Freeport-McMoRan said it now plans to spend $1.6 billion on oil and gas capital investments for 2016, down from a previous estimate of $2.0 billion.
The November 30 short interest data have been compared with the previous figures, and short interest for the selected oil stocks was ultimately mixed.
U.S. commercial crude inventories decreased by more than 3 million barrels last week, according to the U.S. Energy Information Administration.
December 7, 2015: Markets opened lower on Monday even though markets in Asia and Europe were stronger overnight. The dollar gained strength again today, and 10-year Treasury yields rose, but commodities, particularly…
These are some of this week's top analyst calls in oil, gas and alternative energy, but investors need to keep in mind that the energy patch is no safe haven today.
December 2, 2015: Markets opened mixed on Wednesday and only the Nasdaq Composite was able to remain in positive territory until the afternoon release of the Fed’s Beige Book. U.S. crude oil…
U.S. commercial crude inventories increased by 1.2 million barrels last week, according to the U.S. Energy Information Administration.
Wednesday's top analyst upgrades, downgrades and initiations include Athenhealth, AT&T, Cepheid, Chevron, Dollar General and Mobileye.
A number of America’s largest private companies are big enough in terms of revenue that had they been public they would have placed in the upper ranks of the Fortune 500. As…
The U.S. Energy Information Administration (EIA) released its weekly petroleum status report Wednesday morning. U.S. commercial crude inventories increased by 1 million barrels last week, maintaining a total U.S. commercial crude inventory…
November 24, 2015: Markets opened lower on Tuesday following reports that a Turkish plane had shot down a Russian plane in Turkey’s airspace. The news did give traders a reason to bid…
U.S. commercial crude inventories increased by 300,000 barrels last week, according to the U.S. Energy Information Administration.
