With reports that President Donald Trump is leaning toward pulling the United States out of the Paris climate accord, it has been unsurprising that many industries and leaders have come out urging the president…
The U.S. commercial crude inventory fell by more than 6 million barrels last week, according to the U.S. Energy Information Administration. Prices rose more than 1% following the report.
U.S. natural gas stockpiles rose by 81 billion cubic feet last week, a larger-than-expected increase in the country's inventory. Prices that had been slipping since last Friday continued their slide.
Shares of Energen saw a handy gain on Wednesday after the hedge fund Corvex Management announced a stake in the company and called for a potential sale.
WTI crude for July delivery traded down more than 3.5% early Wednesday as traders remain skeptical that global supply-demand balance is in the cards even with the recently announced nine-month extension to the OPEC-led…
Kinder Morgan successfully completed the Toronto Stock Exchange IPO of its Kinder Morgan Canada subsidiary, raising $1.3 billion to get the firm started on the construction of an expanded Trans Mountain pipeline from Alberta…
Kinder Morgan has filed for an IPO of its Kinder Morgan Canada Ltd. subsidiary at an offering price of $C17 per share to raise C$1.75 billion. The IPO is expected to be completed by…
U.S. oil producers have a giant backlog of drilled but uncompleted oil and gas wells that promises to keep U.S. production levels high for the rest of the year, and maybe longer.
In several states, gasoline prices have dropped close to $2 for an average gallon of regular. And in some areas of these states, the price is already below that level.
U.S. stockpiles of natural gas in storage rose by 75 billion cubic feet last week, more than analysts had forecast. That has caused the price to pull back slightly.
For the short interest reporting period ending May 15, short interest dropped on two of three solar makers and rose on all four alternative fuel companies we track.