The Department of Energy released its weekly Crude Oil and energy inventories this morning. Despite some supply issues being obvious, there has been no help as investors are looking to lower-risk assets…
With all of the trouble in drilling in the Gulf of Mexico, we wanted to look at the most recent weekly rig count data just released from Baker Hughes Inc. (NYSE: BHI). …
The Department of Energy released its weekly Crude Oil and energy inventories this morning. Some real surprises were seen considering the time of year we are in and the mess in the…
This is the Twitter-24/7 Wall St. market report for June 3, 2010.These tweets are a sign of which companies the Twitter universe is interested in. Is there there is wisdom in crowds?
Twitter has, by most estimates, 100 million members, which makes it one of the largest social networks in the world. All major media companies are on Twitter and some have more than…
The weekly Department of Energy inventories data came out this morning. There seems to be good news for those looking for price stability as crude oil inventories went up and capacity rates…
A new forecast from Bank of America Merrill Lynch is lowering the expected 2010 target oil demand growth from 2 million b/d to 1.5 million b/d. The bank also cut its crude…
It has been impossible not to notice the new Gold Rush. It has also been impossible to not notice the crashing oil prices. This is simply the decline or implosion of the…
The rig count from Baker Huges Inc. (NYSE:BHI) is out for April and the recent trends continue. The US count is up, the Canadian count is down, and the international rig count…
Morningstar has issued a report this week for oil services operations calling the opportunity in Iraq as “one of the greatest capacity increases in the industry’s history.” The analysis says that the…
The rig counts are not higher this week despite $80+ oil remaining. Baker Hughes Inc. (NYSE: BHI) has issued its weekly rig counting data, and we are watching the Oil Services HOLDRs…
Have you noticed how so many commodity rallies in gold and oil get stopped in their tracks on what might seem as secondary or even tertiary cause and effect? This has been…
The weekly data from the Department of Energy has some very big surprises, some of which are bullish for oil and some of which are good for the consumer. The key ETFs…
The weekly supply data is out from the Department of Energy and the refining capacity data continues to be a standout from last week. The recent rise in oil prices may act…
If you have followed the oil patch, the news from the refining sector has been abominable. Overall, we have seen many weeks where the United States refining capacity was not even running…
