thinkstockSeptember 4, 2015: Markets opened lower on Friday following the nonfarm payroll report this morning, likely because the low headline unemployment rate (5.1%) and the four-week average job growth total (221,000 new…
The U.S. Energy Information Administration (EIA) weekly petroleum status report showed that U.S. commercial crude inventories increased by 4.7 million barrels last week.
thinkstockAugust 27, 2015: Markets opened higher again on Thursday and climbed to intra-day highs with about 2 hours left in the day’s trading session. The morning report on second-quarter GDP growth came…
U.S. commercial crude inventories decreased by 5.5 million barrels last week, maintaining a total U.S. commercial crude inventory of 450.8 million barrels.
The short interest data have been released for the August 14 settlement date. It just so happens that some of the latest short interest readings for major oil companies are backing off…
ThinkstockTuesday turned out to be a seriously ugly day for the stock market. By some counts it was even uglier than Monday’s sloppy session due to how it closed on the lows…
thinkstockAugust 25, 2015: Markets opened higher on Tuesday and the markets quickly shook of the remaining effects of Monday’s tank job. WTI crude oil gained 2.8% ahead of Wednesday’s report on inventories,…
The markets were absolutely crumbling in Monday’s trading session, with the Dow down near 1,000 points and the S&P down around 90 points.
Monday's top analyst upgrades, downgrades and initiations include Bank of America, Chevron, ConocoPhillips, Comerica, Nike and Vital Therapies.
thinkstockAugust 19, 2015: Markets opened lower on Wednesday following a down and then up session in Asia and a report that the U.S. July consumer price index rose just 0.1% on both…
The latest EIA weekly petroleum status report showed U.S. commercial crude inventories increased by 2.6 million barrels last week.
The commercial crude inventory remains near levels not seen at this time of year in at least the past 80 years, according to the EIA.
It just so happens that some of the latest short interest readings for major oil companies are backing off highs, while others are pushing on new highs.
The U.S. Energy Information Administration (EIA) released its August report on drilling productivity in seven key oil and gas-producing regions.
Monday's announcement that Warren Buffett-led Berkshire-Hathaway had reached a deal to acquire Precision Castparts lifted the Dow Jones Industrial Average by more than 230 points.
