Despite Lower Oil Ahead, JPMorgan Bullish on 3 Top Large Cap Picks
The question for investors is what oil stocks are attractive now given the lower for longer scenario. JPMorgan remains very positive on three top large cap picks.
The question for investors is what oil stocks are attractive now given the lower for longer scenario. JPMorgan remains very positive on three top large cap picks.
The June 30 short interest data have been compared with the previous figures, and short interest for most of the selected oil stocks decreased.
Short interest in solar energy stocks tumbled in the two-week reporting period ending June 30. At the same time, short sellers added to their positions in alternative energy and fuel stocks.
Analysts at Jefferies have raised their ratings on four master limited partnerships (MLPs), citing an overall improved outlook for the second half of 2017.
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 refineries kept…
As hot summer weather begins to settle in over most of the United States, consumers will begin to see higher energy bills. But there is wide variation by state as a new study indicates.
In its June report on the global oil market, OPEC said its production rose by about 1.4% due mainly to unexpected increases in Libya and Nigeria. However, Saudi production also rose last month.
The US Energy Information Administration lowered is 2017 forecast for gasoline and crude prices. The lower estimates also took a little off the top of the agency's crude oil production estimate.
Oil and gas producer Halcón Resources has agreed to sell its operated assets in the Bakken shale play for $1.4 billion. The company will use some of the proceeds to pay down debt.
U.S. exports of crude oil could quadruple in three years time, according to a long-time industry analyst. If that occurs, the United States would be among the top 10 crude oil exporters in the…
Total Chinese electricity generation from renewable sources surpassed US generation last year, while overall renewable generation rose by 14.1% year over year in 2016.
While the energy sector is out of favor, it probably offers the best value for the balance of 2017. These are four quality stocks for investors to consider while oil continues to trade at…
The head of commodities and derivatives strategy at Bank of America Merrill Lynch says oil prices could bounce up and down in the near future but will find a floor at $40.
The U.S. onshore rig count rose by 12 last week with the addition of seven oil and five gas rigs. There are more than 950 drilling rigs now working in the United States, more…
U.S. natural gas stockpiles rose by 72 billion cubic feet last week, a larger-than-expected increase that sent prices down about 1%.