BP Hit by Total $61.6 Billion Cost for Deepwater Horizon
Six years of payouts is a long time to manage the fallout from the largest oil spill in history. It may take decades to know how badly BP was hurt by the…
Six years of payouts is a long time to manage the fallout from the largest oil spill in history. It may take decades to know how badly BP was hurt by the…
A massive blanket of hot weather is forecast for most of the country beginning early next week. Demand for natural gas to fuel electricity generation is expected to be high next week.
U.S. commercial crude inventories decreased last week, according to the U.S. Energy Information Administration, but they remain at historically high levels for this time of year.
The June 30 short interest data have been compared with the previous figures, and short interest for most of the selected oil stocks increased.
July 7, 2016: Markets opened higher Thursday, and in a reverse from Wednesday’s trading, traded lower by the end of the day’s session. The British pound posted another low against the dollar…
U.S. commercial crude inventories decreased by more than 2 million barrels last week, according to the U.S. Energy Information Administration.
The EIA reported Thursday morning that U.S. natural gas stocks increased by 39 billion cubic feet for the week ending July 1.
In a decision that may seem counterintuitive, Chevron announced Tuesday that it will proceed with a $36.8 billion expansion at the Tengiz field in Kazakhstan.
Looking at what was a brief but massive fallout within broad markets, we are realizing that the Brexit provided a very attractive entry point into a fair number of industries. The Dow…
California Attorney General Kamala Harris has subpoenaed documents from the state’s major oil refiners related to an investigation into whether the companies have artificially raised retail gasoline prices in the state. The…
The U.S. Energy Information Administration (EIA) reported Thursday morning that U.S. natural gas stocks increased by 37 billion cubic feet for the week ending June 24. Analysts were expecting a storage addition…
The U.S. Energy Information Administration (EIA) released its weekly petroleum status report Wednesday morning. U.S. commercial crude inventories decreased by 4.1 million barrels last week, maintaining a total U.S. commercial crude inventory…
The short interest data have been released for the June 15 settlement date. With oil prices seemingly on the path to recovery and global markets slowly getting stronger, short interest is now…
U.S. natural gas stocks increased by 62 billion cubic feet for the week ending June 17, according to the EIA.
U.S. commercial crude inventories decreased by 900,000 barrels last week, according to the U.S. Energy Information Administration.