Crude Oil Price Slips on Gasoline Surplus, Lower Demand From Refiners
The latest EIA weekly petroleum status report indicated that U.S. commercial crude inventories decreased by 2.7 million barrels.
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Newest first · Page 228Global Energy-Related Carbon Emissions Could Peak in 2020
Reaching an early peak in emissions by 2020 is one of the IEA's four "pillars" to reduce energy-related carbon emissions.
Hedge Funds Add to Short Positions as Drilling Rig Count Dips Again
In the week ended June 12, the number of rigs drilling for oil in the United States fell to 635, according to Baker Hughes.
The 5 States With the Most Expensive Gas Prices
People like to complain about gasoline prices. After all, it comes straight out of your pockets when you drive to work.
4 Oil Services Stocks to Buy With at Least 20% Upside Potential
24/7 Wall St. scanned the Jefferies coverage universe of companies, and found four oil services stocks rated Buy that had at least 20% upside to the price target.
Chesapeake Loses One of Its Biggest Bulls
Oppenheimer is downgrading Chesapeake Energy due to its growing losses and its cash flow deficit. The firm is also changing its estimates in light of these losses.
Hess Raises $2.7 Billion in Sale of Midstream Stake
Independent oil and gas producer Hess says it had sold a 50% stake it its midstream assets in the Bakken shale play to Global Infrastructure Partners.
Natural Gas Price Ticks Higher on Inventory Increase
EIA reported Thursday morning that U.S. natural gas stocks increased by more than 110 billion cubic feet for the week ending June 5.
3 Stocks to Buy for a Hot Summer and Rising Natural Gas Prices
With the Marcellus and Utica shales still producing well, and demand perking up, the Jefferies team is positive on three area natural gas producers that are rated Buy.
IEA Reports Crude Supply Still Outstrips Demand
In its June report, the International Energy Agency said that May's global crude oil supplies fell by 155,000 barrels a day.
SunPower, First Solar Joint Venture Yieldco Sets IPO Terms
A joint venture between SunPower and First Solar has set its terms for an initial public offering that is expected to price next week.
Crude Oil Gains on Weaker Dollar, Large Draw on Inventories
The U.S. Energy Information Administration released its latest weekly petroleum status report Wednesday morning.
OPEC Market Strategy Boosting Crude Oil Price
The Organization of Petroleum Exporting Countries (OPEC) released its June Oil Market Report Wednesday morning.
Gulfport Announces Pricing for Secondary Offering
Gulfport Energy is in the process of raising capital for its shale operations. It plans to go about this is through a secondary offering.
Short Sellers Become Very Selective in Big Oil Stocks
It just so happens that some of the latest short interest readings for major oil companies are backing off of highs, while others are attempting to push new highs.