Now that West Texas Intermediate Crude (WTI) oil has dipped under $30 per barrel, investors and industry watchers are even more concerned about the oil and gas stocks than ever.
U.S. oil production for 2015 from shale formations is expected to reach 5.2 million barrels of oil equivalent per day.
U.S. commercial crude inventories decreased by 800,000 barrels last week, according to the U.S. Energy Information Administration.
The January 29 short interest data have been compared with the previous figures, and short interest for the selected oil stocks is largely down.
Short interest moves among solar and alternative energy stocks mostly increased during the two-week reporting period that ended on January 29.
Depending on who is counting, based on currency exchange rates, whether gasoline is priced by liter or gallon, the price of a gallon of gas is about two cents in Venezuela.
SolarCity Corp. (NASDAQ: SCTY) reported fourth-quarter and full-year 2015 results after markets closed Tuesday afternoon. For the quarter, the solar PV installer posted an adjusted diluted net loss per share of $2.42 on revenues…
Oil & gas producer Anadarko Petroleum Company (NYSE: APC) announced late Tuesday afternoon that it is cutting its dividend from $0.27 per quarter to $0.05. The dividend is payable on March 23rd to shareholders…
Debt rating agency Standard & Poor's on Tuesday lowered the corporate credit rating on Chesapeake Energy. But the ratings service did not stop there.
SolarCity is expected to report it latest quarterly results after markets close Tuesday.
Pump prices for gasoline could be well on their way to less than a dollar a gallon in some parts of the Midwest as refiners begin the switchover in production to summer-grade fuel.
The International Energy Agency (IEA) issued its monthly Oil Market Report for February on Tuesday morning.
A new report from IHS concludes that in addition to the capex cuts already estimated for 2016, oil companies need to slash another 30% of the total.
With the exception of two companies, Merrill Lynch lowers the dividend outlook for all large cap U.S. oil stock in the firm's research coverage universe.
The marriage of low oil prices and state taxes have created an environment that soon could drive gasoline prices below $1 a gallon.
