Oil field workers in Kuwait walked off their jobs Sunday, cutting production from the country by 60%. The strike was timed to coincide with the producing nations’ meeting taking place in Doha. The Doha…
The absence of a decision to freeze oil production at a meeting of some of the world's largest oil-producing nations has scuttled the most promising chance to push crude prices higher.
Some oil and gas stocks traded so low in the first six weeks of 2016 that they have since risen 30% to 50% — and many have even more than doubled off of their…
In the week ended April 15, the number of rigs drilling for oil in the United States totaled 351, according to the latest Baker Hughes North American Rotary Rig Count.
In a filing with the SEC Friday morning, SunEdison said it has entered into confidentiality agreements with certain of its first- and second-lien lenders related to proposed debtor-in-possession financing.
Breitburn Energy Partners has suspended some monthly distributions and also said it will defer an interest payment of approximately $33.5 million due Thursday.
The U.S. Energy Information Administration reported Thursday morning that U.S. natural gas stocks decreased by 3 billion cubic feet for the week ending April 8.
SunEdison shares spiked Thursday morning on news that an investigation into the accuracy of its accounting practices had turned up no evidence of fraud or willful misconduct on the part of SunEdison.
The United States is on track to become the world's second largest market for solar PV installations in 2016, overtaking Japan.
While oil will continue to remain volatile, the trend clearly seems to be higher. A continued move higher this year and next appears to be in the cards.
In its April Oil Market Report, the IEA said that March's global crude oil supply declined by 300,000 barrels a day compared with March 2015 supply.
U.S. commercial crude inventories increased by more than 6 million barrels last week, according to the U.S. Energy Information Administration.
Most of the lowest gas prices in the United States are at locations in Texas, Oklahoma and Louisiana, near huge oil deposits and the block of refineries on the Gulf of Mexico south of…
Wells Fargo has decided to downgrade Marathon Oil to Market Perform from Outperform after a large run-up after the news of a dilutive capital raise and asset sales.
In its Monthly Oil Market Report for April, OPEC noted that its price for its reference basket rose by more than 20%, a second consecutive month of rising prices.
