Jefferies has issued its oil market report for February. The good news, for oil prices rather than for the frackers and producers who want higher volumes, is that oil production is expected to fall.
Moody's Investors Service downgraded the corporate debt rating for Chesapeake Energy from B2 to Caa2, a drop of three notches and just one notch above a default-imminent rating.
In a new research report, Merrill Lynch analysts feel that the battering in the oil refining stocks is close to over, describing the firm's negative refining call as in the seventh inning.
The average price nationwide for a gallon of regular gasoline is $1.71. The comparable price in Hawaii, the state with the most expensive gas, is $2.58.
After revising its crude oil market price assumptions in January, rating agency Standard & Poor’s on Monday lowered its corporate credit ratings on three of Europe’s largest oil & gas companies. The three are…
The United States added 7,286 megawatts of photovoltaic solar electricity production in 2015, topping new natural gas generating capacity for the first time ever.
Many of the gas stations with the highest prices in America are in California, so it is not unusual that one of the few states with a price above $5 is there.