Yemen, Iran and the Price of Crude
When the Saudi Arabian Air Force began bombing targets in Yemen last week, the price of West Texas Intermediate (WTI) crude oil for April delivery spiked.
When the Saudi Arabian Air Force began bombing targets in Yemen last week, the price of West Texas Intermediate (WTI) crude oil for April delivery spiked.
Deutsche Bank believes oil market supply and demand fundamentals are beginning to tighten, but that this upcycle will be far more subdued.
Many investors and analysts alike are looking for upside in the oil patch now that so many of these stocks and master limited partnerships have seen their stocks gutted.
California drivers paid nearly $0.64 in state and federal taxes per gallon of gasoline in January, according to a report at the American Petroleum Institute.
California suffers from a perfect storm of conditions that keep gasoline prices high.
In the week ended March 27, the number of rigs drilling for oil in the United States totaled 813, compared with 825 in the prior week.
Baker Hughes has released its weekly rig count report, and the numbers just are not very good at all.
SolarEdge Technologies had its initial public offering Thursday, and needless to say, it was met with a big gain on its trading debut.
In an energy sector that has struggled, the refiners have shined, and Cowen analysts have been spot-on in their assessment of the top stocks.
CIA World FactbookThe stock market may have tanked on Wednesday, but geopolitical risk from Yemen was one of the excuses that was used for the rally in oil on this day. It may simply…
U.S. commercial crude inventories increased by 8.17 million barrels last week, maintaining a total U.S. commercial crude inventory of 466.7 million barrels.
Common sense would say that short sellers have made huge bets and boatloads of money as the stocks and commodities around the oil patch have suffered.
California added nearly 1,900 megawatts of solar power generation in 2014 and became the first state to reach a total of more than 5% of its generation from utility-scale solar plants.
Short interest among solar energy and alternative energy stocks was very interesting for the March 13 settlement date.
Famed activist investor Carl Icahn increased his stake in Chesapeake Energy to 11% after the company announced more cuts to its 2015 capital spending budget.