In its monthly Oil Market Report released this morning, the International Energy Agency (IEA) raised its global demand projections for 2012 and 2013 by 100,000 barrels a day to 89.8 million barrels…
A JP Morgan Chase & Co. (NYSE: JPM) analyst speculated that sales of the new Apple Inc. (NASDAQ: AAPL) iPhone 5 could add “between 0.25% and 0.5% to annualized economic growth in the fourth quarter.”…
The U.S. Energy Information Administration (EIA) today reported the U.S. natural gas stocks rose by a total of 28 billion cubic feet, less than the 36 billion cubic feet that analysts were…
Crews were returning to both shallow-water and deep-water rigs in the Gulf of Mexico yesterday as the oil and gas industry prepares to restart production following Hurricane Isaac. A report from Platts…
The U.S. Energy Information Administration (EIA) today reported the U.S. natural gas stocks rose by a total of 66 billion cubic feet, higher than the 61 billion cubic feet that analysts were…
More American companies are among the 20 largest in the world than at any time in the past decade. This is because earnings at U.S. companies have risen faster than the rest…
The Bureau of Safety and Environmental Enforcement (BSEE) Hurricane Response Team reported earlier that some 78% of crude oil and 48.3% of the natural gas production has been shut-in by Tropical Storm…
The chemicals industry is not ordinarily thought of as action central, but there have been some recent moves, including one today, that are stirring things up. Two private equity firms, First Reserve…
With the exception of Chesapeake, which is seen as primarily a natural gas company with lots of problems, the oil and gas firms are not heavily shorted. Nobody really thinks the price…
The three major US stock indexes opened lower this morning and spent most of the day heading lower still. Economic data was mixed at best today, with the flash PMI number lower…
The U.S. Energy Information Administration (EIA) today reported the US natural gas stocks rose by a total of 47 billion cubic feet, higher than the 38 billion cubic feet that analysts were…
Jon OggThese are the top analyst calls of upgrades, downgrades, and initiations we have seen from Wall Street research calls this Thursday morning. ADTRAN Inc. (NASDAQ: ADTN) cut to Neutral at Credit Suisse.…
When shares of Apple Inc. (NASDAQ: AAPL) hit an intra-day high of $664.74 earlier today, the company’s market cap hit $623 billion. That topped the previous record market cap of $618.9 billion…
Workers in the aerospace industry are concerned about potential military cuts at the end of this year. (Reuters) Best Buy Co. Inc. (NYSE: BBY) says that founder Richard Schulze turned down an…
The U.S. Energy Information Administration (EIA) today reported the U.S. natural gas stocks rose by a total of 20 billion cubic feet, lower than the 24 billion cubic feet that analysts were…
