National Gas Prices Continue Their Slow Slide
The national average price of gasoline has declined for the second straight week, according to industry analysts at GasBuddy. Again, the West Coast appears to be leading the average lower.
The national average price of gasoline has declined for the second straight week, according to industry analysts at GasBuddy. Again, the West Coast appears to be leading the average lower.
Halliburton shares rallied early Monday even though it released disappointing third-quarter financial results before the markets opened.
Oilfield services firm Schlumberger reported third-quarter results Friday that beat estimates for adjusted profit. A $12.7 billion pretax charge appears not to have dulled investors' enthusiasm for the high-dividend payer.
These big oil stocks are at some of the best entry prices in years and could offer solid upside for shareholders in 2020 and beyond.
The U.S. crude oil stockpile rose by more than 9 million barrels last week but the impact of the huge increase was partially offset by large declines in gasoline and distillate inventories.
Energy pipeline and terminal giant Kinder Morgan reported third-quarter results that were a bit short of expectations. The stock is not getting punished for, however, for one simple reason.
When companies make an acquisition they generally are doing to make the future base of the company stronger than it would be on its own without doing anything. That is a very broad generalization…
Retail gas prices dropped slightly last week as West Coast refineries came back online following unexpected outages.
The oil industry is expected to raise production by 7 million barrels a day by 2030 according to a new study by Rystad Energy commissioned by the Guardian. Efforts to mitigate climate warming will…
In its monthly report on the oil market, OPEC slightly reduced both its projections for supply and demand growth in 2019.
Short sellers jumped on two alternative energy stocks during the last two weeks of September and pretty much ignored solar makers.
Short sellers appear to have lost interest in the exploration and production business. Short interest in the supermajor integrated firms increased, however.
With slower global growth and oil in ample supply, a fresh new look from the U.S. Energy Information Administration projects that oil prices will be lower in 2020.
The U.S. Energy Information Administration has projected that almost half of global electricity generation by 2050 will be fueled by renewable sources.
It might seem odd with the lower oil prices and with energy stocks in the tank that one of the industry giants might really want to commit to raising its dividend by any large…