Rising Oil Prices Have Short Sellers Confused
The September 14 short interest data have been compared with the previous figures, and short interest moves in these selected big oil stocks were mixed.
The September 14 short interest data have been compared with the previous figures, and short interest moves in these selected big oil stocks were mixed.
U.S. pump prices for gasoline dipped by almost a penny last week, but the GasBuddy outlook warns of a smaller-than-expected autumn decline this year.
Crude oil prices have jumped by more than 2% Monday following an OPEC announcement on Sunday that the cartel and its partners are satisfied that the market is doing just fine. How long will…
The U.S. land-based oil rig count dropped by one this week and the total rig count dropped by two. Prices moved a little higher following the report from Baker Hughes.
Sempra Energy has sold its solar assets and one wind project to ConEd for $1.54 billion. The sale is the first after Sempra announced in June that it would be divesting its renewable energy…
Riley Exploration, an independent oil and gas producer in the Permian Basin, has filed for an IPO to raise $115 million. The company was formed in June of 2016 and currently produces more than…
It has been hard for investors to make some of the same gains in the oil and gas segment since oil prices have recovered handily. That may be about to change, or at least…
The U.S. stockpile of crude oil dropped by 2.1 million barrels last week and the gasoline inventory fell by 1.7 million barrels. Increased exports of both contributed to both declines.
SunPower had been having a tough year, but Tuesday brought on large gains after SunPower said that several of its products were going to be excluded from the U.S. tariffs.
The U.S. Energy Information Administration reported Monday that crude oil production is expected to reach nearly 7.6 million barrels a day in seven major onshore shale basins. That's more than 1.5 million barrels a…
Canadian energy player Encana was given upside of almost 60% in a call from Merrill Lynch that noted the innovative shale leader has an infrastructure advantage and rising free cash flow.
U.S. gasoline prices barely changed last week, rising by just half a penny, even though crude oil prices rose about 2%. The difference is due to the refineries' switch to lower-cost winter fuel and…
U.S. land-based oil drillers added seven new rigs last week, lifting the total number of rigs drilling for oil to 867. The report sent crude prices down from an intraday high well above $69,…
Some of the biggest and best oil stocks are still incredibly cheap compared to the rest of the market. These four are outstanding long-term buys for growth portfolios looking for income as well.
The U.S. natural gas stockpile rose by 69 billion cubic feet last week but remains about 20% lower than the amount in storage at this time last year and 18% below the five-year average.