Natural Gas Price Holds Loss Level Steady After Storage Report
The U.S. natural gas stockpile rose by 81 billion cubic feet last week, slightly less than analysts had expected. The weather outlook for the coming week is for demand to remain high.
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Crude Oil Price Tumbles Below $70 on Surge in Inventories
U.S. crude oil inventories rose by much more than expected last week and have added to the decline that was already happening in crude oil prices.
US Gas Prices Slipped Last Week, Volatility Increasing
The U.S. national average pump price for a gallon of regular gas fell by more than 2.5 cents led by big declines in the Midwest.
Saudi Aramco Record IPO Will Be Killed by Saudi Scandal
Among the effects of the alleged murder of Jamal Khashoggi by the Saudi Arabian government is the damage it will do to an IPO planned for Saudi Aramco.
US Oil Rig Count Jumps by 8, Largest Increase Since Early August
The number of land-based drilling rigs searching for oil in the U.S. this week increased by eight, the largest week-over-week rise in two months. Including natural gas and other rigs, the total U.S. count…
Oil Supply and Demand Reach Record 100 Million Barrels a Day
The world's supply and demand of crude have reached record levels, accord to the IEA. But the new records do not come without some cost.
Crude Oil Price Rebounds Slightly on Another Big Increase in Stockpiles
U.S. crude oil inventories rose by 6 million barrels last week, more than analysts had forecast and enough to keep downward pressure on prices.
Natural Gas Price Steady Following Expected Storage Increase
The U.S. natural gas stockpile rose by 90 billion cubic feet last week, in line with analysts' expectation. Cooler weather ahead could lift demand and prices.
Saudi Arabia, Russia Boost Oil Supply by 250,000 Barrels in September
In its monthly Oil Market Report for October, OPEC lowered its demand forecast for both 2018 and 2019, adding strength to the cartel's contention that there's plenty of oil to meet demand.
US Gasoline 2019 Price Forecast Rises Again
The U.S. Energy Information Administration on Wednesday released its October Short-term Energy Outlook along with its Winter Fuels Outlook. The short version is that energy will cost more, but not an awful lot more.
Mexico Adds 180 Million Barrels to Reserves With New Discovery
Mexico has announced an oil discovery in the southeast Gulf of Mexico that adds more than 180 million barrels to the country's reserves. There's more to the story, however.
Short Sellers Up the Ante in Major Oil Stocks
The September 28 short interest data have been compared with the previous figures, and short interest in these selected big oil stocks increased.
Short Sellers Betting on Solar and One Alt Energy Stock
Short interest in solar and alternative energy stocks generally rose in the two-week reporting period to September 28. Solar stocks and one alt energy stock appear to be short sellers favorite targets.
Jefferies Franchise List Energy Stocks Could Be Big Q4 Winners
These four Jefferies Franchise List energy companies that could be perfect additions for the fourth quarter, as oil prices continue to rise and energy demand may increase during the winter months.
US Gas Prices Rose Last Week on Supply Worries
U.S. pump prices for gasoline rose more than two cents last week and year-over-year prices are up more than 43 cents a gallon. Some relief may be on the way.