The U.S. Energy Information Administration (EIA) on Monday released its June report on drilling productivity in seven key oil and gas producing regions of the U.S. Overall oil production is projected to decline by…
Over the next 25 years, global investment in new electricity generating capacity is expected to total more than $11 trillion dollars.
What a nice rally energy investors have experienced since the lows that were printed in early February. However, some are now getting more expensive than others.
In its Monthly Oil Market Report for June, released Monday morning, OPEC noted that its price for its reference basket rose by more than 14% in May.
The price of crude has been challenging $50, and many investors and those in oil feel that perhaps the worst has been seen in the oil patch.
The months when gasoline prices dropped close to $1 a gallon in some parts of the United States are long past.
In the week ended June 10, the number of rigs drilling for oil in the United States totaled 328, according to the Baker Hughes North American Rotary Rig Count.
Independent oil and gas producer Antero Resources has priced an underwritten secondary stock offering of more than 26 million shares to raise gross proceeds of approximately $762 million.
It doesn’t take a genius to figure out that as the Chinese economy swings away from an export dependent model to a more services and consumer oriented one that demand for energy will increase.
The May 31 short interest data have been compared with the previous figures, and short interest for most of the selected oil stocks decreased.
The massive wildfire in Canada, as well as disruptions in Nigeria, Libya and Iraq, cut an average of more than 3 million barrels of oil a day from the global crude supply in May.
RBC Capital Markets downgraded Chesapeake to Underperform on Thursday, a $5 price target.
The U.S. Energy Information Administration (EIA) reported Thursday morning that U.S. natural gas stocks increased by 65 billion cubic feet for the week ending June 3.
RBC has three stocks in the oilfield services sector that look particularly well positioned now. They make good sense for investors looking to add oilfield services stocks to a portfolio.
The U.S. commercial crude inventories decreased by more than 3 million barrels last week, according to the U.S. Energy Information Administration.
