Oil Supplies ‘Stretched to the Limit’ Threaten Global Economy
Higher oil prices almost certainly are around the corner, and with them, higher gasoline prices, which may trigger a global economic slowdown.
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Crude Oil Price Dips Following Massive Drop in Inventories
The U.S. commercial crude inventory fell by more than 12 million barrels last week but the decline was more than offset as inventories of other petroleum products rose.
Why Germany Can’t Buy Natural Gas From the US
President Trump began the NATO summit this morning by attacking Germany for not spending enough to support NATO and for depending too much on imports of Russian natural gas.
RBC Raises 2018 and 2019 Oil Price Estimates: 6 Top Picks to Buy Now
These are two large-cap plays and four small and mid-cap favorites from the energy team at RBC are good for growth accounts with a degree of risk tolerance looking for more energy exposure.
AFG Holdings Announces Potential Pricing for IPO
Original equipment manufacturer AFG intends to sell more than 18 million shares in an initial public offering valued up to more than $376 million.
US Gas Price Rises for First Time in Over a Month
Gasoline pump prices rose by a penny week over week according to analysts at GasBuddy. That's the first price increase since Memorial Day weekend, but it is not likely to be the last.
Investment in Solar Energy Looks to Fall in 2018
A combination of falling costs for solar equipment and a sharp cut to Chinese investment indicate that 2018 spending on solar projects will decline year over year for the first time ever.
US Oil Rig Count Up for First Time in 3 Weeks, Prices Rise 1%
The U.S. land-based rig count rose by five this week, all new oil rigs. The Permian Basin in southwest New Mexico got most of the new action. This is the first rig count increase…
Natural Gas Price Ticks Down After Storage Report Shows Larger Gain
The U.S. natural gas inventory increased by 78 billion cubic feet last week according to the U.S. Energy Information Administration. The inventory total remains lower than both last year's level and the five-year average…
Is the Aramco IPO Dead?
The proposed IPO of a piece of Saudi national oil company Aramco appears to have stalled and may not happen at all now that crude prices have more than doubled since the IPO was…
Crude Oil Price Drops on Unexpected Stockpile Build
The U.S. commercial crude oil inventory rose by an unexpected 1.2 million barrels last week sending Thursday's crude price into a skid.
US Motorists Driving Less as Gas Prices Rise
Total miles driven on U.S roads and streets last year posted the smallest growth in four years. As gas prices rise, Americans drive less and that helps balance the market and lower prices. It…
10 States With the Lowest Gas Prices Get Government Help
The states that should continue to see the lowest gasoline prices are those where state governments have given their residents an advantage.
Top Analyst Stays Positive on the Permian Basin: 5 Stocks to Buy
Some of the top Permian stocks have been hit hard, and investors are literally being offered some of the best entry points in years.
US Gas Price Remains Steady as Holiday Week Begins
Gas prices started the holiday week unchanged at around $2.85 a gallon for regular gas. The break U.S. drivers have had from rising pump prices is likely about to end soon, according to GasBuddy.