The latest U.S. Energy Information Administration (EIA) weekly petroleum status showed that U.S. commercial crude inventories increased by 8 million barrels last week.
High-yielding energy stocks make good sense for investors as it may take time for the sector to come back, and collecting large dividends while waiting makes the time go by quicker.
Big Oil is now engaged in cost-cutting operations with mass layoffs and project cutbacks. This could start a positive feedback loop for both oil and oil stocks.
ThinkstockOctober 19 2015: Markets opened lower on Monday after China reported a slight beat on estimates for its Q3 GDP report (up 6.9% vs. 6.8% estimate). The bad news is that the…
ThinkstockOctober 16, 2015: Markets opened higher on Friday following an expected drop of 0.2% in U.S. industrial production and a surprise jump of 2.5 points in the consumer sentiment index. Crude oil…
U.S. commercial crude inventories increased by 7.6 million barrels last week, maintaining a total U.S. commercial crude inventory of 468.6 million barrels.
The EIA reported Thursday morning that U.S. natural gas stocks increased more than analysts expected for the week ending October 9.
Here are five analyst upgrades and positive initiations seen from Monday that were under the radar earlier Monday morning.
The September 30 short interest data have been compared with the previous figures, and short interest for the selected oil stocks increased almost across the board.
U.S. natural gas stockpiles are well above their levels of a year ago and also above the five-year average.
Anyone waiting for some good third-quarter news from U.S. oil companies is very likely to be disappointed when these firms report earnings beginning later this month.
U.S. commercial crude inventories increased by more than 3 million barrels last week, according to the EIA.
thinkstockOctober 2, 2015: Markets opened lower on Friday, but in a near-miracle retracing fought broke back into the green in the noon hour. The weak start to the day’s trading could have…
While energy is still a contrarian trade, the way to play it is with the big integrated stocks and exploration and production companies that pay a solid dividend.
The EIA reported Thursday morning that U.S. natural gas stocks increased less than expected for the week ending September 25.
