Exxon posted better quarterly profits than in the same period of last year, but still missed the consensus estimate as production slipped below 4 million barrels a day.
Paul Ausick Chevron and Exxon are both scheduled to release their most recent quarterly reports before the markets open on Friday.
Natural gas for September delivery added about three cents following the EIA report that last week's inventory rose by less than expected.
U.S. crude oil stockpiles fell by more than 7 million barrels last week, putting more support under rising crude oil prices. Gasoline and distillate (diesel fuel) inventories increased.
The July 14 short interest data have been compared with the previous figures, and short interest moves for the selected oil stocks were mixed.
24/7 Wall St. has put together a preview of the Dow Jones Industrial Average companies scheduled to report their quarterly results this week: Caterpillar, DuPont, McDonald's, 3M, Boeing, Coca Cola, Procter &…
The North Korean economy grew by 3.9% last year, the fastest rate since 1999, according to the Bank of Korea, South Korea’s central bank. Amazon (NASDAQ: AMZN) may mislead customers when it…
Natural gas prices dipped slightly following the EIA's report that just 28 billion cubic feet were added to US storage last week. US stockpiles remain about 5% above the five-year average for…
US crude oil stockpiles fell by 4.7 million barrels last week and gasoline inventories dropped by 4.4 million barrels. This may not be altogether good news for producers.
Every indicator is telling those that track the stock market that the last year has been an anomaly, and we could be headed for a sizable sell-off. The VIX volatility index, which…
Oil remains stuck under $50 per barrel in the summer of 2017. The grand recovery helped the oil giants in 2016, but the oil price recovery seems to have already peaked. With…
The U.S. stockpile of natural gas rose by 57 billion cubic feet last week and remains well above the five-year average in storage for this time of year. Compared to last year,…
The June 30 short interest data have been compared with the previous figures, and short interest for most of the selected oil stocks decreased.
The U.S. crude oil stockpile dwindled by more than 7 million barrels last week and gasoline inventories fell by more than a million barrels. But higher export levels and greater demand from…
GE, Boeing, Goldman Sachs, and Exxon Mobil held the Dow in barely positive territory Tuesday.
