Is JinkoSolar’s Big Gain a Win for All Global Solar Companies?
JinkoSolar finally may be showing signs of life again, but that may only marginally help other solar stocks recover some of their lost mojo.
Energy
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Newest first · Page 60Saudi Oil Production at Record High, Raising Likelihood of Cuts
What might happen at the OPEC meeting next week could be decided this week at the G-20 meeting in Brazil.
Crude Oil Dives Again Under Weight of Politics
Crude oil traded down about 7% Friday morning as it appears to be getting clearer that the Saudis have succumbed to demands from President Trump to leave oil supplies alone, guaranteeing that supply will…
US Oil Rig Count Drops by 3, Prices Trying to Hold onto Gains
The U.S. land-based oil rig count dropped by 3 in the holiday-shortened week. Crude oil prices are holding on to gains scored earlier Wednesday and natural gas prices were up sharply week over week.
Natural Gas Price Skips Higher on Huge Inventory Drawdown
The stockpile of U.S. natural gas tumbled by 134 billion cubic feet last week, a much larger withdrawal than was expected. Natural gas prices have jumped in response.
Crude Oil Price Dips on Larger-than-Expected Inventory Build
The U.S. commercial crude oil inventory rose more than expected last week. Stockpiles of gasoline and diesel fuel dropped, and U.S. crude oil production remained at all-time highs.
Cimarex Pays $1.6 Billion for Permian Producer Resolute
Oil & gas producer Cimarex on Monday announced that it will acquire Resolute Energy for $1.6 billion, including debt. The deal represents a premium of about 15% to Resolute's shareholders based on Friday's closing…
PG&E Shares Stumble Again on Report of Second Incident Prior to Camp Fire
On Friday, PG&E filed a report with the California Public Utilities Commission noting a second outage on one of its distribution lines in the area of the deadly Camp Fire in northern California.
Why Hammered Mega-Cap Integrated Oil May Be the Best 2019 Stock Picks
Oil has traded down into bear market territory, and there are numerous reason it could rally next year. So what should concerned investors do now?
US Oil Rig Count Up by 2, Prices Inch Higher From Multi-Month Low
The U.S. land-based oil rig count rose by two this week to a total of 888. Crude oil spot prices dropped to a low not seen since last year at this time.
Crude Oil Price Creeps Higher Despite Another Massive Inventory Build
The U.S. crude oil stockpile soared by more than 10 million barrels last week according to the latest official report. Inventories have now risen for eight consecutive weeks.
Natural Gas Price Slips From Multiyear High on Inventory Report
The U.S. natural gas stockpile rose a bit more than expected last week and prices for the fuel have dropped by some 14% since yesterday's high.
Why the US Could Become a Net Exporter of Oil and Gas in the Next Decade
The boom in U.S. oil and gas production over the past decade has been a somewhat moderating force on what is a large domestic merchandise trade deficit by helping reduce the country’s net petroleum…
Why the GE Share Sale of Baker Hughes and the Buyback Matter to Shareholders
Newly appointed CEO Larry Culp is proving that he wants to act fast in selling off GE assets and scaling the company and its debt leverage lower by unloading part of its Baker Hughes…
US Strategic Petroleum Reserve’s 700 Million Barrels Is Huge Safety Net
If there is a major export cut from the Saudis, OPEC or any other large producers, the United States has a massive buffer in the Strategic Petroleum Reserve.