By David Callaway, Callaway Climate Insights Solar and wind dominate new additions in renewables, but coronavirus raises mixed outlooks for near-term. SAN FRANCISCO (Callaway Climate Insights) — Renewable energy, dominated by solar and wind…
A video teleconference Thursday morning is expected to cut up to 10 million barrels from global crude oil production. Will that be enough to push crude prices higher?
Exxon announced on Tuesday that it is cutting its 2020 capital spending and lowering its cash operating expenses.
Continental Resources, one of the largest producers in the Bakken shale oil region, has suspended its dividend and announced a production cut of 30% for April and May.
The nationwide average price for a gallon of regular gasoline dropped for the sixth consecutive week, according to GasBuddy. More than 40 states have average prices below $2.00 a gallon.
Experts say that unprecedented oil supply married with a fall-off in demand because of a contracting global economy will take prices much lower. That, in turn, would press gasoline prices toward $1 per gallon,…
The members of OPEC along with Russia and others are expected to meet Monday to discuss reducing crude production by up to 10 million barrels a day. The United States may not be present…
Oil and gas producer Whiting Petroleum has filed for bankruptcy reorganization in which the company is essentially exchanging debt for new stock and new owners.
All these stocks have been eviscerated by the relentless and withering selling. However, the analysts have done their work by looking for companies that are poised to survive this year and hang around until…
Crude oil storage tanks around the world are filling up and rising production combined with lower pricing from Saudi Arabia is on track to oust the U.S. as the world's top crude producer.
U.S. retail gasoline prices have begun the week at an average per gallon of $1.97, the lowest average in four years, according to analysts at GasBuddy.
After falling below $2 a gallon last Friday, the national average gas price has continued to slide as crude oil prices plummet.
The teleconference meeting of the G20 ended Thursday without even a word about the collapse of the crude oil market. Now the market itself may have to do the heavy lifting and both the…
The analysts at Jefferies that cover the refining and midstream stocks took a bold step this week and upgraded some of the top companies in their coverage universe.
The oil and gas industry got nothing in the $2.2 trillion relief package approved late Wednesday by the Senate. Here's what that could mean.
