How Crude Oil Prices Fared This Year and What Next Year May Bring
The average price for a barrel of WTI crude oil this year will end up at around $50 a barrel, about $10 a barrel below it's current trading price. What does that indicate for…
The average price for a barrel of WTI crude oil this year will end up at around $50 a barrel, about $10 a barrel below it's current trading price. What does that indicate for…
The U.S. crude oil inventory fell more than expected last week as did the gasoline stockpiles. But sharply colder weather over the next week is expected to reduce consumption and a North Sea pipeline…
The U.S. Energy Information Administration (EIA) reported Thursday morning that U.S. natural gas stocks decreased by 112 billion cubic feet for the week ending December 22. Analysts were expecting a storage withdrawal of between…
The December 15 short interest data have been compared with the previous figures, and short interest for most of the selected big oil stocks increased.
Short interest in solar and alternative energy stocks trended mainly lower in the two week period ended December 15. Short sellers dropped nearly 25% of their position in one solar firm.
The Forties North Sea pipeline that has been out of service since December 11 is coming back on line with crude flowing through the system at about half of capacity.
What has been hard to ignore is that Wall Street is now calling for energy stocks to return to being a positive factor ahead rather than a drag as was seen throughout much of…
The national average price for a gallon of gas rose a penny last week as a result of unexpected outages at two Midwestern refineries.
All these top MLP stocks are offering investors an outstanding entry point after being clobbered for much of the fall.
Global discoveries of new oil & gas resources fell to a five-year low in 2017 according to energy consulting and research firm Rystad Energy. Spending on exploration has dropped 60% over the past 3…
The U.S. land rig count increased by one this week to 931 working oil and gas rigs. The oil rig count was unchanged. Crude prices remain on track for a gain of 1% to…
These four small and mid-cap exploration and production stocks all have decent upside to the RBC price targets and are top picks for 2018.
The EIA reported Thursday morning that U.S. natural gas stocks decreased more than expected for the week ending December 15.
Kinder Morgan, DCP Midstream and Targa Resources announced Thursday morning a final investment decision on a $1.92 billion pipeline project to move natural gas from the Permian Basin to the Gulf Coast.
A new Deutsche Bank research report makes the case that the setup for oilfield services stocks going into 2018 is much better than last year.