The U.S. onshore rig count rose by a total of 20 last week, with 21 new rigs drilling for oil. Saudi Arabia believes another six months of production cuts will be needed to rebalance…
The Trump administration has issued a permit to TransCanada to proceed with construction of the Keystone XL pipeline. Will the project live up to expectations?
The U.S. commercial crude oil inventory added 5 million barrels last week to an already swelling storage total. Crude prices dropped on the news, but worse news may be yet to come for OPEC…
With oil trading higher on rumors, and energy stocks the most reasonable in a very expensive stock market, we screened the Deutsche Bank energy coverage universe for the top Permian Basin stocks.
Canadian Solar missed analysts estimates when it reported quarterly and full-year earnings Tuesday morning. The outlook for the first quarter didn't soothe investors either.
The U.S. average price for a gallon of regular gas is $2.29 Monday morning, down a penny compared with last week and an unusual second consecutive weekly decline in the pump price.
The number of rigs drilling for oil rose by 14 last week even as crude prices remained depressed. Hedge funds made a big move back into short positions after several weeks of building up…
U.S. natural gas stockpiles dropped by 53 billion cubic feet last week, slightly less than analysts had expected. Stockpiles are lower than last year at this time but remain above the five-year average.