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…
Gas prices will hit drivers in the pocket book this summer. Because of rising gas prices, the dent will be $69 more per month based on an average gallon of regular nationwide. A new…
Short interest was mixed on both solar and alt energy stocks in the two-week period that ended May 31. The trend, however, is toward more short selling.
Crude oil has been trading near $66 a barrel early on Tuesday. This is the lowest that crude oil has been at since mid-April. This comes after oil reached above $70 in late May…
The U.S. crude oil inventory rose last week by an unexpectedly large 2.2 million barrels. Gasoline and distillate inventories also posted larger-than-forecast increases. Crude oil prices slipped following the report.
With the price of West Texas Intermediate down more than 10% since May 21, it makes sense for investors to look to the producers that are making the most money on current pricing.
A draft memo outlining a federal plan that would force electricity distribution companies to buy power from coal and nuclear plants is the president's latest attempt to make good on campaign promises he made…
The number of U.S. land rigs drilling for oil rose by a modest 2 this week after several weeks of larger increases. Crude prices are under pressure from increased production by Russian oil giant…
A larger-than-expected decrease to U.S. crude oil stockpiles moderated the drop in crude prices following Thursday's report from the U.S. Energy Information Administration.