Natural Gas Price Drops 3% on Sharp Inventory Rise
The U.S. Energy Information Administration reported Thursday morning that U.S. natural gas stocks increased by 51 billion cubic feet for the week ending August 26.
The U.S. Energy Information Administration reported Thursday morning that U.S. natural gas stocks increased by 51 billion cubic feet for the week ending August 26.
America's 714 million barrel capacity Strategic Petroleum Reserve only gets on the front page of the news when oil prices suddenly skyrocket or there is a threat to imports.
Shares of First Solar traded lower Wednesday morning following a downgrade from analysts at Argus.
U.S. commercial crude inventories increased by more than 2 million barrels last week, according to the U.S. Energy Information Administration.
While the spot price of oil may remain volatile, buying the top land drillers with exposure in the best basin play in the United States makes good sense for aggressive growth investors.
The poster child for the impact of low crude prices is Venezuela, a founding member of OPEC and the country with the largest proved reserves in the world.
States don't come any redder than Texas. Yet the state generates enough electricity from renewable energy sources to power more than half the households in the state.
The new reality seems to be that oil prices and the prices of metals have reached a level where analysts are again comfortable making key projections for upside.
What is wrong with Venezuela? Food riots. Wild inflation. But the country has the world's largest oil reserves, even greater than Saudi Arabia.
In the week ended August 26, the number of rigs drilling for oil in the United States totaled 406, unchanged compared with the prior week.
TerraForm Global announced Friday morning that its operating subsidiary is soliciting consent from holders of record of the company's 9.75% senior notes due 2022 to waive certain reporting covenants.
The price of a gallon of regular gasoline was above $3 not so long ago. There are signs it could get back there by year's end.
The U.S. Energy Information Administration reported Thursday morning that U.S. natural gas stocks increased by less than analysts had expected for the week ending August 19.
Short interest moves among solar and alternative energy stocks were mixed during the two-week reporting period that ended on August 15.
The August 15 short interest data have been compared with the previous figures, and short interest for the selected oil stocks was mixed.