Oil was already against the ropes and off current highs because of the CFTC seeking limits on speculators and on non-end-user trading activities in the energy commodity markets. But this morning’s weekly oil inventory…
ConocoPhillips (NYSE: COP) has reported earnings. The Buffett-oil trade posted earnings of $1.298 billion, or $0.87 EPS. As oil price are down significantly over last year, this compares with earnings of $5.439 billion or…
Offshore wind projects that generate no emissions and can generate energy for millions of homes and businesses along the East Coast. They make good old-fashioned horse sense. They have the potential to open up…
We have already seen earnings from Valero Energy Corp. (NYSE: VLO) and BP Plc (NYSE: BP), and these figures are acting to keep a lid on oil stocks. There is, of course, the notion…
Valero Energy Corp. (NYSE: VLO) did manage to beat earnings, at least if you consider a two-penny beat versus a wide loss after a warning as a beat. The refiner’s loss came to -$0.48…
One of the concerns economists have is that rising oil prices could derail a recovery from the recession, particularly if crude moves back above $70 and stays there. Gasoline prices have kept dropping, for…
Baker Hughes Incorporated (NYSE: BHI) has released its newest data on rig counts for the last week, and it seems that oil and gas producers might finally be increasing their rigs with higher prices…
There are ETF and ETN products for just about everything. Equities, commodities, and more. This is even one for “Eu Carbon Allowances,” but not for long. XShares Advisors LLC has determined to liquidate its…
SunPower Corp. (NASDAQ: SPWRA) has managed to do what many were not expecting. It blew the doors off of estimates. Non-GAAP operating income for the quarter was $26.8 million, or $0.24 EPS. Its revenues…
We have noted how CFTC inquiries and reviews into whether or not the size of certain speculative instruments in commodities markets, including ETF and ETN instruments, is likely to be regulated in the future. …
The National Venture Capital Association says that VC investments fell slightly more than 50% in the second quarter. The group reports that just 25 venture capital funds raised $1.7 billion in the second quarter…
Oil is above $63 and is heading back toward $70. This time the rise may be on fundamentals and have little to do with speculation. China announced that its GDP rose 7.9% in the…
We are seeing some positive reactions this afternoon in some of the solar stocks on an individual basis, despite energy prices not offering much of an added boost to the sector. Canadian Solar Inc.…
Wal-Mart (WMT) decided to evaluate its suppliers based on whether they were polluters almost before it became fashionable. Going Green is a description used broadly in the business community as a badge of honor,…
The Department of Energy has just released its weekly oil inventories. As this is the summer driving season, we saw a drop in crude and a build in gasoline inventories. The United States Oil…