It would be easy to pick apart SunPower's earnings report had shares been in a flatline pattern in recent weeks, but a sell-off of almost 50% from peak to trough probably has more investors…
The U.S. stockpile of crude oil rose by nearly 6 million barrels last week while stocks of gasoline and diesel fuel declined. The price of crude has slipped by less than 1% following the…
The International Energy Agency has lowered its demand growth forecast for both 2019 and 2020 by 100,000 barrels a day as global supply continues to rise and geopolitical risks are mostly ignored.
Even excluding impairment charges of more than $3 billion, BP's profit fell by around 40% in the third quarter. Expectations were even lower and investors aren't taking the bait.
British oil and gas behemoth BP reports third-quarter results Tuesday morning and analysts have seriously dialed back their estimates as prices fall and demand growth estimates shrink.
With the U.S. shale and production story slowing, and many energy companies now focused on free cash flow, what is the best move for investors who see value but remain cautious?
The U.S. crude oil inventory dropped last week as did stockpiles of gasoline and diesel fuel. But the decline is having only a moderate effect on the crude oil market.