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…
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…
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…
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…
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…
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…
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…
