Crude Oil Prices Dip as Inventories Shrink
The U.S. commercial inventory of crude oil fell by more than 4 million barrels last week and gasoline inventories also slipped. Pump prices have not moved much, however, as refinery production remains high.
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Renewable Energy Supports 9.8 Million Jobs Worldwide
The renewable energy industry supports less than 10 million jobs worldwide, a number that seems small based on the breadth of an industry that is supposed to replace the bulk of traditional energy sources…
A Quick Look at the Strategic Petroleum Reserve
President Donald Trump’s plan to sell off half of America’s oil reserves sent oil prices lower Tuesday, as investors fear a future glut of the commodity on the market.
What Analysts Are Saying About NCS Multistage After the Quiet Period
NCS Multistage saw its shares pullback in Tuesday's session after the company’s quiet period came to an end.
Memorial Day Traveler Numbers Rise as Gas Prices Remain Low
Gasoline prices for the Memorial Day weekend are expected to be the second-lowest in the past 10 years. More Americans are planning a road trip for the weekend and more are also planning road…
Can Noble Energy Shares Rise Over 50%?
Merrill Lynch resumed coverage of Noble Energy with a price objective that indicates more than 50% in implied upside for investors.
4 High-Yielding Diversified Energy MLPs to Buy With Big Summer Potential
These four energy MLPs pay way above average distributions, their shares are priced right and they offer investors some outstanding total return potential.
Should Exxon Mobil Investors Expect 30% Upside in Returns?
Exxon Mobil was reiterated as Buy and on the Focus List at Argus, along with a price target of $104. If the firm is proven to be right, Exxon investors would see a total…
Crude Oil Prices Rise on Falling Inventories
Crude oil fell by 1.8 million barrels last week according to the U.S. Energy Information Administration. Crude prices rose on the news.
Analysts Give Positive Opinions on Select Energy Services
Select Energy Services has seen its quiet period come to an end. So far most of the new analyst ratings have been positive.
IEA Oil Market Report Sees Bumpy Road to Rebalancing
The IEA reported this morning that global crude oil supply dipped slightly in April but demand remains on track to reach nearly 98 million barrels a day this year.
Oil Surges Back Toward $50
OPEC and Russia may have made a deal to extend production cuts in hopes of reducing the world's oil stockpiles, which should raise the price. Oil traders appear to believe the plan will work.
Westmoreland Coal Earnings and the Troubles Ahead for Coal
Westmoreland Coal stock hit hard by big earnings miss. Despite encouraging words from some analysts, prospects for coal, even this year, are not terribly bright.
OPEC, Russia Want Longer Period of Production Cuts
Saudi Arabian and Russian oil ministers will propose extending crude oil production cuts through the first quarter of 2018. Crude prices moved higher on the report.
Natural Gas Price Rises as Storage Growth Slowed
U.S. natural gas storage added 45 billion cubic feet of gas last week, below an estimate for an injection of 53 billion cubic feet and well below last year's addition for the same period.…