Oil Plunges Below $39, With No Bottom in Sight
After a price recovery that took crude oil prices to over $60 in June from $46 at the start of the year, the price has collapsed again.
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Newest first · Page 216Why Natural Gas Is So Cheap — and Why Drillers Keep Producing More
ThinkstockIn mid-August of 2008, the national average next-day price for natural gas was $7.52 per million BTUs. A year later the price had fallen to $3.12 per million BTUs, and on August 18, 2015,…
Hedge Funds Increase Short Positions as Crude Oil Prices Fall
In the week ended August 21, the number of rigs drilling for oil in the United States totaled 674, up two from the prior week.
Arch Coal: A New Momentum Stock?
In the past two-and-a-half trading sessions, shares of Arch Coal have risen nearly 90%, not including the effect of a recent reverse stock split.
Is Another Chinese Solar Maker on the Road to Bankruptcy?
Yingli Green Energy said Wednesday that it had received a notice from the New York Stock Exchange that the company is not in compliance with the rules for continued listing.
Crude Oil Capex, Production Estimates Rise in Q2
Among a group of 16 independent oil and gas exploration and production companies, crude oil production in the second quarter of 2015 rose an estimated 21% sequentially.
Former Chesapeake Energy CEO Taking His Act to Australia
ThinkstockAfter co-founder and former chairman of Chesapeake Energy Corp. (NYSE: CHK), Aubrey McClendon, was replaced in April 2013, he didn’t waste any time moving on. Just a few weeks later he was back, leading…
Natural Gas Price Ticks Higher After Storage Report
EIA reported Thursday morning that U.S. natural gas stocks increased by less than expected for the week ending August 14.
Deutsche Bank Raises Price Targets on 4 Top Refiners to Buy
Despite the big runs ups in refining stocks, the analysts at Deutsche Bank think that the third quarter's earnings results will continue to be outstanding.
Oil Below $40 Means Gas Below $2
AAA says gas prices could drop more dramatically after Labor Day as people take fewer road trips and use less gasoline.
Meet the Newest Van Eck ETF
ThinkstockJust after markets opened on Wednesday morning, Van Eck Global launched the Market Vectors Oil Refiners ETF (NYSEMKT: CRAK), which is the first U.S.-listed exchange traded fund to offer pure-play exposure to global oil…
Is Spectra Energy Preparing a Play for Williams?
Is this another David versus Goliath story? Spectra Energy reportedly is preparing an offer to acquire much larger Williams Companies.
Low Bidding in Gulf of Mexico Offshore Drilling Rights Auction
Bureau of Ocean Energy Management has now held and completed its oil and gas lease sale for the western Gulf of Mexico for tracts on the U.S. Outer Continental Shelf offshore Texas.
Crude Oil Price Plunges After Huge Inventory Increase
The latest EIA weekly petroleum status report showed U.S. commercial crude inventories increased by 2.6 million barrels last week.
Why UBS Says to Buy the Big 3 Diversified Oil Services Stocks
One thing experienced investors know is that one day those who hold their nose and buy oil stocks now will have a well-deserved payback. The problem is when that payback comes.