Natural Gas Price Plunges on Low Storage Drawdown
U.S. natural gas inventories decreased less than expected for the week ending December 30, according too the U.S. Energy Information Administration.
U.S. natural gas inventories decreased less than expected for the week ending December 30, according too the U.S. Energy Information Administration.
Here are the five top large cap oil and gas stock picks at Merrill Lynch right now. These top companies make sense for long-term growth portfolios.
2016 was a total reversal of fortune for the big oil companies. Rather impressive gains seen in shares of Chevron and in Exxon Mobil.
The top analyst upgrades and downgrades and other calls seen in the energy sector on Wednesday include Baker Hughes, Chevron, Nabors Industries, Occidental Petroleum and Royal Dutch Shell.
Compared with the same day last year, prices are 35 cents a gallon higher. Happy New Year! Crude prices jumped more than 2% on Tuesday too.
Thes six top picks from the analysts at Stifel all make good sense for accounts with a degree of tolerance, especially with the prospects for steady to higher oil for 2017
In the week ended December 30, there are a total of 658 working rigs in the United States, according to the latest Baker Hughes North American Rotary Rig Count.
In the month of September, the top destination for U.S. gasoline exports was Mexico, followed by number 2, the Dominican Republic.
U.S. commercial crude inventories increased by 600,000 barrels last week, according to the U.S. Energy Information Administration.
The U.S. Energy Information Administration reported Thursday morning that U.S. natural gas stocks decreased more than expected in the week ending December 23.
The December 15 short interest data have been compared with the previous figures, and short interest moves for the selected oil stocks was mixed.
Short interest moves among solar and alternative energy stocks were uniformly downward during the two-week reporting period that ended on December 15.
While it’s unlikely oil will double again, there's reason to believe that 2017 could be solid, especially since the sector tends to be a good late cycle/reflationary performer.
In the week ended December 23, the number of rigs drilling for oil in the United States totaled 523, according to the latest Baker Hughes North American Rotary Rig Count.
The U.S. Energy Information Administration reported Thursday morning that U.S. natural gas stocks decreased by more than 200 billion cubic feet for the week ending December 16.