Baker Hughes, Inc. (NYSE: BHI) issued its weekly rig counts and the counts are still going in the right direction overall if you like to see increased drilling activity. This is also…
The Department of Energy has just released its weekly inventory data for crude oil, gasoline, distillates, and refining levels. This week was marked by draw-downs but because of the weakness in the…
Rig Counts Chasing Oil Prices (OIH, USO, OIL) The weekly rig count data from Baker Hughes Inc. (NYSE: BHI) is out, and this last week we are seeing a bump in rig…
The weekly data out of the Energy Information Administration for natural gas inventories is only further adding salt on top of the wound for those hoping for higher natural gas prices. The…
Last week’s draw-down in crude oil is not being mirrored this week. We just saw the weekly Department of Energy inventories and the reading came to a gain of 128,000 barrels of…
Baker Hughes Incorporated (NYSE:BHI) has released its weekly data on rig counts, and it seems that the suddenly higher oil prices are reversing some declines. There has still been no set direction…
Baker Hughes Incorporated (NYSE:BHI) shows weekly data on its rig counts it sees, but this morning it has announced its rig counts for the full month of July. Higher energy prices are…
Douglas A. McIntyre Solar stocks are again trading no differently than a leveraged bet on oil prices. This is something we have noted on many occasions and with oil down by another -$2.59 at $64.14…
It seems that the steady rise in oil prices is finally starting to support some stability in rig counts. We just got some fresh weekly rig count data from Baker Hughes Inc.…
The Department of Energy released its weekly oil inventory data and again we saw another build-up of black gold. This increase has started to hit the United States Oil (USO) and the…
Two of the largest oilfield services companies reported first quarter earnings today. Halliburton Company (NYSE:HAL) and Weatherford International Ltd. (NYSE:WFT) both came in close to analysts’ estimates, but that doesn’t look like…
We have just seen another build in crude oil inventories according to the Department of Energy data. The build is not in finished products, but the increase in crude oil inventories was…
Oil flirted with the $50.00 handle today, which would be close to a 4-month high. This also marked the end of the April contract expiration, so now we roll over to May. …
Baker Hughes Inc. (NYSE: BHI) just released its weekly rig counts. Despite the fact that oil has recovered handily off its lows, it seems that oil rig operators still are not enthusiastic…
This week 24/7 Wall St. is picking several stocks from major sectors that are likely to double off of their lows. The time frame is by the end of 2010, which is…
