U.S. crude oil production is expected to decline by 1.75 million barrels by next month, according to IHS Markit. Some production may resume, however, if prices remain above $30 a barrel, and more will…
Gasoline prices have rebounded somewhat everywhere. The states with the priciest gas now have per-gallon prices above $2.80. And that universe of those is growing.
For investors looking for energy stocks to buy, the prices now are still very reasonable. These larger cap leaders have kept their dividends intact and have the ability and balance sheets to stay in…
Gasoline prices have rebounded somewhat everywhere. The states with the cheapest gas now have per-gallon prices of under $1.50. However, the universe of those is dwindling.
A reverse stock split, collapsing bond prices and a never-ending weight of debt have combined to threaten Chesapeake Energy's ability to remain a going concern.
Oil industry analysts at IHS Markit forecast the global over-production of crude will amount to 14 million barrels a day in the second quarter. About that much again is expected to go into storage.
In the latest revision to its Global Energy Review, the IEA estimates that global demand for energy will decline by 6% in 2020 due to the COVID-19 pandemic. U.S. demand is expected to fall…
The energy sector will remain volatile, but scale buying shares now and being patient could bring some very solid gains for investors over the rest of 2020.