The U.S. Energy Information Administration reported Wednesday morning that U.S. commercial crude oil inventories rose by 8 million barrels last week, the highest weekly rise of the year so far.
Goldman Sachs has made a key rotation in its oil and gas sector coverage, downgrading ConcoPhillips and adding Chevron to the prized Conviction Buy list.
The U.S. natural gas stockpile added about a third less to its total than expected in the week ended last Friday. Storage levels are about 20% below last year's level and prices…
U.S. commercial crude oil inventories rose by 1.9 million barrels in the week ended last Friday. Analysts were looking from a drop of more than 1 million barrels. U.S. production increased, exports…
These four top stocks have not gone up in tandem with oil pricing, and some are offering outstanding entry points. They are outstanding long-term buys for growth portfolios looking for income.
The September 14 short interest data have been compared with the previous figures, and short interest moves in these selected big oil stocks were mixed.
U.S. natural gas stockpiles rose as expected last week, but remain well below year-ago and five-year average levels. Production increases are keeping prices under $3 per million BTUs.
The U.S. stockpile of crude oil dropped by 2.1 million barrels last week and the gasoline inventory fell by 1.7 million barrels. Increased exports of both contributed to both declines.
Some of the biggest and best oil stocks are still incredibly cheap compared to the rest of the market. These four are outstanding long-term buys for growth portfolios looking for income as…
The U.S. natural gas stockpile rose by 69 billion cubic feet last week but remains about 20% lower than the amount in storage at this time last year and 18% below the…
The August 31 short interest data have been compared with the previous figures, and short interest in most of these selected big oil stocks decreased.
The U.S. Energy Information Administration reported Wednesday morning that U.S. commercial crude oil inventories fell by more than 5 million barrels last week. Product inventories (gasoline and distillates) rose by more than…
Apple, Microsoft, Home Depot, and Exxon Mobil set the direction for Dow index gains Tuesday.
Analysts at Merrill Lynch announced downgrades on two large-cap oil companies Thursday morning. The firm also sees one stock as "unmatched by other global oils."
U.S. crude oil inventories dropped by more than expected last week, but increases to gasoline and distillate inventories outweighed decline. Prices did not move much immediately following the report.
