Gas Prices Hover Near $2 In Nine Cities
ThinkstockGas prices have reached $2.34 for a gallon of regular and are moving higher from $1.93 a year ago. However, in nine cities, the price is barely above $2. All are in Texas, Oklahoma,…
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Oil Rig Count Slips, Hedge Funds Maintain Long Positions
US rig count fell by six last week, the first week-over-week decline since last September, according to the Baker Hughes North American Rotary Rig Count.
After Years of Gains, Clean Energy Investment Is on the Decline
Call it global warming. Call it climate change. Maybe it’s a nuance, or maybe your political stance determines how you feel about this debate. 24/7 Wall St. has tracked investment in clean energy and…
Is Williams Companies Really Simplifying Its Business?
Whenever an energy pipeline company says it is taking an action in order to simplify its structure, a wise investor prepares for complexity.
Natural Gas Price Pops on Larger-Than-Expected Inventory Drop
The EIA reported Thursday morning that U.S. natural gas stocks decreased more than expected for the week ending January 6.
Short Sellers Can’t Make Up Their Minds on Major Oil
Since the election was decided with Trump taking the White House, short interest for major oil stocks is now more important than ever to follow.
Short Sellers Get Selective in Solar, Alt Energy Stocks
Short interest moves among solar and alternative energy stocks were mixed during the two-week reporting period that ended on December 30.
Crude Oil Price Plunges, Rebounds Following Huge Build in Inventories
U.S. commercial crude inventories increased by around 4 million barrels last week, according to the U.S. Energy Information Administration.
Why Wells Fargo Says Sell Exxon Mobil, Prefers 4 Other Oil Leaders
For the most part, Wells Fargo has maintained its ratings for integrated oil and gas and international exploration and production companies within its coverage universe, with one key exception.
EIA Forecast: Higher Pump Prices, Higher US Production Through 2018
Rising pump prices have followed on rising prices for crude oil in the wake of announced production cuts from OPEC nations and other oil-producing nations.
$60 to $70 Oil Could Mean Huge Upside for Top Oilfield Services Stocks
While nobody knows exactly what this year will bring, oil prices appear solidly over the $50 a barrel level, so a push to the $60 level is not out of the question in 2017.
Crude Oil Price Slides on Iran Sales, Rising US Rig Count
WTI crude oil slipped by about a dollar a barrel in Monday's futures market on a continuing rise in U.S. drilling rigs and massive sales of stored Iranian oil are responsible for the downturn.
Oil Rig Count Now Tops Year-Ago Count; Hedge Funds Tread Water on Futures
In the week ended January 6, 2017, the number of rigs drilling for oil in the United States totaled 529, according to the latest Baker Hughes North American Rotary Rig Count.
7 MLP Giants That Keep Raising Distributions, Even Through Recent Hard Times
24/7 Wall St. decided to look for energy master limited partnerships that bucked the trend of distribution cuts over the past three years or so. These seven continued to raise their quarterly distributions from…
Crude Oil Price Dives on Huge Build in Gasoline, Distillate Stockpiles
U.S. commercial crude inventories decreased by more than 7 million barrels last week and remains near the upper limit of the average range for this time of year.