OPEC Lifts Oil Production in July, Saudis Cut by 200,000 Barrels
OPEC oil production rose by more than 40,000 barrels a day in the month of July, even including a cut of around 200,000 barrels by Saudi Arabia.
Energy
All Energy Articles
Newest first · Page 70
US Oil Rig Count Jumps 10, Crude Price Holds On to Gain
The U.S. land-based rig count rose by 13 this week, including 10 new oil rigs. A crude oil price rally held onto most of its gains for the day, but black gold is headed…
Why Short Sellers Piled On Kinder Morgan
Short interest in Kinder Morgan rose by more than a third in the reporting period ended July 31. While the company and the Canadian government appear determined to close on the sale of a…
Short Sellers of Major Oil Stocks Run for Cover
The July 31 short interest data have been compared with the previous figures, and short interest in most of these selected big oil stocks fell.
Short Interest Slides on Solar Stocks, Rises on Alt Energy
Short interest in solar energy stocks slipped in the two-week reporting period ended July 31, but a couple of the moves were significant. Alt energy stocks attracted more short sellers who especially favored one…
Natural Gas Price Slips on Increase to Storage
Last week's increase to U.S. natural gas stockpiles was slightly above expectations. Commodity prices rose nearly 20 cents per thousand cubic feet over the past week, but slipped a penny following today's report.
Crude Oil Price Slumps on Small Decrease in Stockpiles
The U.S. commercial stockpile of crude oil fell less than expected last week while gasoline and diesel fuel inventories increased. Overall, U.S. petroleum stockpiles are higher than in the previous week even though production…
4 Large-Cap Oil Stocks to Buy as Iran Sanctions Start Kicking In
24/7 Wall St. screened the Merrill Lynch energy research universe for the largest capitalization stocks that could be big winners as the cuffs go back on Iran.
Good News: US Gas Price Unchanged This Week
The national average retail gasoline price was unchanged last week. However, prices rose in 29 states and fell in just 19.
US Oil Rig Count Down 2, Crude Price on Track to Close the Week Lower
The number of U.S. land-based rigs drilling for oil dropped by two this week and the number of horizontal rigs plummeted.
Natural Gas Price Moves Higher on Small Increase to Storage
The U.S. stockpile of natural gas rose by less than expected last week and put a bit of support under the price which still wallows well below $3 per million BTUs.
More Mergers in MLP Land: When Simplification Continues to Make Sense
Energy Transfer Equity and Energy Transfer Partners have entered into a definitive merger agreement for a simplification transaction.
Why Energy MLPs May Be the Buy of the Decade Now
Many top energy MLPs are trading well below highs posted in 2014 and may be offering investors looking for energy exposure and income an incredible entry point.
Crude Oil Price Up Slightly on Unexpected Increase in Stockpiles
The U.S. commercial inventory of crude oil rose sharply last week, defying analysts estimates for a decline. Crude prices have dipped below $68 a barrel again.
Chesapeake Upbeat on Earnings, Investors Not So Much
Chesapeake Energy earnings were mostly in line with expectations, but the company's production outlook has been lowered, partly as a result of asset sales, and that could endanger revenue and profits for the rest…