Crude oil production from seven major U.S. shale fields is forecast to rise by 134,000 barrels a day in January, and the seven fields are tabbed to produce 8.17 million barrels a day next…
Gasoline prices have reached their lowest level since August of 2017 and a gallon of regular gas is, on average, about 26 cents less than it was just one month ago.
U.S. natural gas in storage dropped by 77 billion cubic feet last week, close to the low end of the expected range. Prices have been dropping, and are down about 20 cents week over…
The International Energy Agency on Thursday released its monthly oil market report for December. The agency expects demand to rise both this year and next. Record-level U.S. production could keep crude prices in check.
The U.S. commercial crude oil inventory dropped by more than 1 million barrels last week, a far smaller drop than reported Tuesday night by the American Petroleum Institute. The price of crude softened following…
The November 30 short interest data have been compared with the previous figures, and short interest in most of these selected big oil stocks increased.
Three of these five outstanding ideas from the energy team at RBC are decidedly more conservative. Given their strong and consistent dividends, they offer investors excellent total return potential.
U.S. crude oil production continued to rise in November and the U.S. Energy Information Administration is forecasting prices will drop by around 15% on average next year.
Independent oil and gas producer ConocoPhillips announced Monday that it plans capital spending of $6.1 billion in 2019, roughly flat with 2018 spending. Most of the spending is expected for Alaska and the Lower…
The number of U.S. land-based rigs drilling for oil tumbled by 10 this week while natural gas rigs increased by nine. Prices for both energy commodities are sharply higher Friday.
OPEC and its partners reportedly have agreed to cut 1.2 million barrels of daily oil production beginning in January and lasting through June 2019. Crude prices are soaring.