The U.S. commercial crude oil stockpile fell by nearly 9 million barrels last week, but lower demand for gasoline and higher export volumes continue to work against higher crude prices.
On Monday the US Energy Information Administration estimated total crude oil production from seven major onshore shale plays would rise by 117,000 barrels a day in September.
Gasoline pump prices have drifted lower since reaching a recent peak last Wednesday. The downward trend should continue this week as well.
A trade case brought by two bankrupt solar cell providers gets its first hearing in front of the U.S. International Trade Commission on Tuesday. The outcome shapes up as a big deal for the…
The number of onshore U.S. rigs drilling for oil increased by three this week while natural gas drillers shut down eight rigs.
Coal mining firm Contura Energy withdrew its planned Thursday IPO and oilfield services company Ranger Services went out Friday morning at nearly 15% below the midpoint of its expected range.
The International Energy Agency reported that global stockpiles of crude oil fell by nearly 20 million barrels but remain 219 million barrels above the five-year average.
Sand-based proppant provider Preferred Sands has amended its filing with the SEC regarding its initial public offering.
The U.S. supply of natural gas in storage rose less than expected last week. Cooler weather is on tap for the most highly populated parts of the U.S. next week, and that could tamp…
Once again in July, the 14 members of OPEC exceeded their self-imposed quota on production. The cartel also saw a year-over-year price gain of 34% and is encouraged by falling inventories, higher demand, and…
The July 31 short interest data have been compared with the previous figures, and short interest moves for most of the selected oil stocks were downward.
Short interest moves among solar and alternative energy stocks were mostly lower during the last two weeks. Of the companies we watch, short interest fell on six stocks, with a big drop on one…
U.S. crude oil stockpiles fell by more than 6 million barrels last week, but gasoline inventories unexpectedly rose and refinery runs were significantly higher than anticipated.
The MLP-investing market just was not really braced for even more distribution cuts after what had been seen in 2015 and 2016. One unexpected cut casts a shadow over the whole group of MLPs.
Contura Energy is one of the two initial public offerings slated for the week of August 11, 2017. What is going to feel unique about this IPO is that Contura Energy is a coal…
