Jefferies Has Turned Very Bullish on Oil: 6 Top Reasons Why
Six words that nobody ever likes to hear uttered -- "this time it may be different" -- may just make sense now.
Six words that nobody ever likes to hear uttered -- "this time it may be different" -- may just make sense now.
If there is too much oil in 2015, and too little demand, which has, in theory, kept prices down, there will also be too much oil in 2016.
The national average price for a gallon of regular gasoline in the United States Monday morning was up to $2.31.
Oppenheimer's Robert Du Boff has maintained an Outperform rating and a $23.00 price target on Parsley Energy.
Wikimedia CommonsThe Organization of the Petroleum Exporting Countries (OPEC) released its October Oil Market Report Monday morning, and the cartel raised its forecast of 2015 global demand growth by another 40,000 barrels a day…
Phillips 66 announced Monday morning that it has set its capital spending budget for 2016 at $3.6 billion. Phillips 66 will also add $2 billion to its share repurchase plan.
The September 30 short interest data have been compared with the previous figures, and short interest for the selected oil stocks increased almost across the board.
In the solar sector, four of the five companies we watch saw short interest fall, and three of four alt energy stocks saw an increase in short interest during the period.
In the week ended October 9, the number of rigs drilling for oil in the United States totaled 605, according to the latest Baker Hughes North American Rotary Rig Count.
Total carbon pollution in the U.S. energy sector has dropped below the levels set in 1996, according to the Natural Resources Defense Council.
Is demand picking up, is supply drying up or is something else going on to drive up the price of crude oil?
For patient long-term investors, these two MLPs may provide solid distributions during the wait for a rebound in energy pricing.
Worldwide investment in renewable energy and smart-energy technologies totaled $70 billion in the third quarter of 2015.
Earlier this week, solar energy provider SunEdison hosted a conference call to layout its plans for the rest of 2015 and all of 2016.
Without a refining business to help offset low crude prices or the ability to export crude oil in quantity, among the hardest hit oil producers are the pure-play exploration and production companies.