The number of U.S. land-based rigs drilling for oil dropped by one this week. Prices jumped earlier this morning on news that OPEC and its partners are raising production by about 600,000 barrels a…
Sources say that OPEC oil ministers meeting in Vienna have reached a tentative agreement on raising production by 600,000 barrels, less than expected or hoped for.
The amount of natural gas in U.S. storage rose more than expected last week but remains 27% lower than last year's total for the same period and 20% lower than the five-year average.
U.S. crude oil inventories fell more than expected but production of gasoline and distillates more than offset the drop. Exports of both crude and refined products rose sharply in the week as well.
In a new research report, Jefferies makes the bold contrarian call of advising clients and investors to take advantage of price drops in some of the top land drillers and buy shares now.
Bloomberg NEF released its 2018 New Energy Outlook Tuesday morning, outlining changes we can expect to see in the global electricity generation sector between now and 2050 and the amount that will be spent…
LNG supplier Cheniere Energy has acquired subsidiary Cheniere Holdings in a stock-exchange deal that sets the stage for acquiring Cheniere Partners, the company's MLP.
The U.S. Energy Information Administration forecast that July production for seven major shale oil plays will rise by 141,000 barrels compared to June Production and more than 1.7 million barrels above July 2017 production.
U.S. retail gas prices fell by about three cents last week and the national average stood at about $2.89 on Monday morning, according industry analysts at GasBuddy.
Jefferies is of the opinion that oil prices are indeed going higher, and the firm has three top picks make good additions to growth portfolios looking for energy exposure.
The number of U.S. land-based rigs drilling for oil rose by 1 for the second consecutive week. Rigs drilling for natural gas dropped and the total rig count for the week came in at…
Analysts at SunTrust are upbeat on four oilfield services companies that have seen the share prices drop sharply over the past several weeks. An investor's appetite for risk could make any of these a…
U.S. natural gas stockpiles rose slightly more than expected last week and the larger injections sent wellhead prices down a few cents per million BTUs. Demand is not expected to rise beyond the moderate…
Enphase Energy, Inc. (NASDAQ: ENPH) saw its shares up sharply on Wednesday after the firm announced that it would be acquiring SunPower Corp.’s (NASDAQ: SPWR) microinverter business. The transaction is expected to close at…
The International Energy Agency (IEA) sees both supply of and demand for crude oil rising both this year and into 2019. Given sanctions against Iranian exports and Venezuelan production declines, supply and demand are…
