10:57am ET
Energy
Natural Gas Inventories Rise, Price Too
The U.S. Energy Information Administration (EIA) today reported the U.S. natural gas stocks rose by a total of 28 billion cubic feet, at the lower end of an expected increase in the…
OIH Coverage Page 23
10:41am ET
Energy
DOE Oil Inventories Cause Reaction (USO, UGA, PSX, VLO, OIH)
The Department of Energy is out with its weekly oil and gasoline inventory data and we saw a slight drop in the crude with a slight gain in gasoline inventories. Weekly DOE…
5:26pm ET
Investing
Can Oil Go to $70 a Barrel?
The drop in oil has been nearly monumental since the start of May. The global slowdown is hurting oil far more than the geopolitical risks are helping oil. Crude Oil is down…
10:43am ET
Energy
Big Oil Inventory Build Shakes Up Oil & Gas Sector (USO, UGA, PSX, VLO, OIH)
The Department of Energy is out with its weekly oil and gasoline inventory data and this is going to likely move the markets. Crude oil stocks managed to build up by a…
10:47am ET
Energy
Natural Gas Inventories Rise, Price Remains Flat (XOM, CHK, EOG, UNG, OIH)
The US Energy Information Administration today reported the US natural gas stocks rose by a total of 67 billion cubic feet, below the 73 billion cubic feet increase that analysts had expected.…
10:48am ET
Energy
DOE Very Mixed Oil & Gasoline Inventories and Refining Data (USO, UGA, PSX, VLO, OIH)
The Department of Energy is out with its weekly oil and gasoline inventory data. Crude oil stocks fell by 191,000 barrels in the last week to 384.438 million barrels. We were expecting…
1:38pm ET
Energy
Halliburton Update Could Harm All Oil Services Outfits Due To Broader Issues (HAL, SLB, BHI, OIH)
Halliburton Company (NYSE: HAL) shares were up almost 2% ahead of the company’s operational update. The stock was halted for this update and the stock is now in the red, but it is…
10:53am ET
Energy
DOE Crude & Gasoline Inventories Meet High Refining Capacity (USO, UGA, PSX, VLO, OIH)
The weekly oil inventories are out from the Department of Energy and we have yet another trend that is good for the consumer but probably not the greatest news for oil bulls. …
11:11am ET
Energy
After the Fall: Value in Oil Stocks (XOM, CVX, BP, SLB, HAL, BHI, VLO, MPC, TSO, OIH, XOP)
The month-long slide in crude oil prices has chopped the share price of many of the biggest names in the oil patch. Exxon Mobil Corp. (NYSE: XOM) is about -4% in the…
2:58pm ET
Energy
Baker Hughes Rig Count Heads Right Direction (BHI, OIH)
Baker Hughes Inc. (NYSE: BHI) has released its weekly rig counts and you might not even have noticed that oil had fallen if you looked solely at the higher rig counts. The…
Jon C. Ogg 10:44am ET
Energy
Oil Inventories & Capacity Act As Booster (OIH, VLO, PSX, USO)
The U.S. Department of Energy has released its weekly oil inventory data showing a build up in crude inventories as expected. The rise came to +2.128 million barrels of crude oil to…
12:24pm ET
Investing
Major Reactions As Crude Marches Down Through $100/Barrel (USO, OIH, AMJ, XOM, CVX, SLB, BHI, RIG, NOV, VLO, CHK)
It was just a couple of days ago that oil was trading around $105 per barrel for West Texas Intermediate crude. Now the talk has migrated away from geopolitical risks associated with Iran. …
12:58pm ET
Energy
Baker Hughes, Weatherford Continue Winning Streak for Oilfield Services Companies (BHI, WFT, HAL, SLB, NOV, CHK, OIH)
The oilfield services companies are on a roll. Well, sort of. Expectations had been lowered so much coming into this earnings season that every one is able to clear the lowered bar.…
6:23am ET
Energy
Schlumberger Escapes The Earnings Hangman (SLB, OIH)
Schlumberger Limited (NYSE: SLB) has managed to beat earnings and probably put some fears to rest in the oil services businesses. Many key companies in this sector have seen their shares battered…
3:10pm ET
Investing
Lower EIA Oil & Energy Demand Projection Tempers Expectations (XOM, BHI, OIH, VLO, CHK, BTU, KOL)
Oil demand is being revised lower in a new forecast by the Energy Information Administration. The reality is that the demand erosion is modest at a mere 70,000 barrels per day in…