The Energy Information Administration is out with its newest 2010 and 2011 predictions for both supply and demand for oil and energy products. This may throw water on T. Boone Pickens’ call…
The rise in the dollar and the most recent wave of added risks that are coming from Europe combined with the loan halts in China have brought havoc to the commodities markets. …
The Department of Energy has released some mixed data on weekly oil inventory data, and the take for refining is looking just as bad still or actually worse in February compared to…
The rig counts are still mostly heading in the right direction, at least they are if you want to see a robust oil sector along with some oil price stability. Baker Hughes…
The rig counts are still heading in the right direction for stable oil and a steady flow of oil and gas supplies according to the Baker Hughes Inc. (NYSE: BHI) weekly rig…
Baker Hughes Incorporated (NYSE: BHI) announced its weekly rig count data, but what is interesting is that the latest data shows a 2009-end with comparisons to a 2008-end. If you saw the…
The Department of Energy has just released its weekly oil inventory data, which was something to watch considering the move up in oil and the cold weather of late. The data was…
There were two very interesting events in the crude oil markets today. As with almost all Wednesday’s we got the weekly crude oil inventory data from the Department of Energy. This data…
Crude oil futures rose to their highest point in seven weeks this morning, trading above $79/barrel. Cold, snowy weather in the Northeast and the Midwest are the likely suspects for the increase…
Baker Hughes Inc. (NYSE: BHI) has just released its new weekly rig count data. Today’s data looks mixed again, which is another indication that perhaps the swinging back and forth in oil…
Douglas A. McIntyre There is some mixed data from the Department of Energy on its weekly inventory data today, although the negatives here seem to outweigh the gains. We are watching the Oil Services HOLDRs…
The weekly rig count data from Baker Hughes Incorporated (NYSE: BHI) is out, and it seems that the corrective phase in the price of oil is starting to create mixed data in…
The weekly oil inventory data from the Department of Energy is out with some very mixed data. The headline data on crude may be a shocker, but the rest of the data…
Baker Hughes Incorporated (NYSE: BHI) has just released its weekly rig counts. It looks like we have another week of rig count growth on the three major counts, a positive development for…
The Department of Energy has just released its new weekly data on oil inventories. The headline data looks good for those wanting lower oil prices, but there is actually some very mixed…