So who will benefit as Iran returns tot he oil market? UBS thinks two industry leaders will be the main players in what could prove to be a volatile, but growth-oriented landscape.
Americans' opinion of fracking, or hydraulic fracturing, has taken a decided negative turn in the latest poll by Gallup.
U.S. commercial crude inventories increased by more than 2 million barrels last week, according to the U.S. Energy Information Administration.
In a few places in the United States, gas prices are double the national average. The stations with the highest prices are near Orlando.
Gasoline prices, based on the average price for a gallon of regular nationwide, have reached $2.04, up from $1.75 a month ago.
Many factors are causing the seesaw movement in oil, and some companies, while cautious near term, see oil hitting $50 by the end of the year.
The average price across the United States for a gallon of gasoline last week rose more than five cents, according to GasBuddy.
A new Jefferies research note says that a combination of demand growth and non-OPEC production declines could very well set the stage for a $50 oil price handle by the end of this year.
In the week ended March 24, the number of rigs drilling for oil in the United States fell to 372, according to the Baker Hughes North American Rotary Rig Count.
Many short sellers backed away from mega-oil and large energy-related companies in the two-week period that ended March 15.
Short interest moves among solar and alternative energy stocks were mixed during the two-week reporting period that ended on March 15. In the solar sector, three of the five companies we watch saw short…
The U.S. Energy Information Administration reported Thursday morning that U.S. natural gas stocks increased less than expected for the week ending March 18.
Deutsche Bank says that while there are a few red flags that suggest caution, $40 a barrel oil never looked so good and the near-term momentum looks to be positive.
Regulators in Washington have just announced that Exelon's proposed $6.8 billion acquisition of Pepco was approved.
Independent oil and gas producer Emerald Oil filed for bankruptcy Tuesday after markets closed. The company's main area of operations is the Bakken shale play in North Dakota and Montana.
