crude oil prices

The Exxon Mobil of 2020 to 2030 Will Be Quite a Different Company Than in Its Past

It's no secret that it has been hard for investors to make big profits in the oil and gas sector in recent years. Oil stocks haven't exactly screamed higher when ...
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Crude Price Gives Up Gains After Large Stockpile Build

The U.S. Energy Information Administration (EIA) released its weekly petroleum status report Wednesday morning, showing that U.S. commercial crude inventories jumped by 7.9 million barrels last week, maintaining a total ...
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Crude Price Slips on Rising US Stockpile

The U.S. Energy Information Administration (EIA) released its weekly petroleum status report Wednesday morning showing that U.S. commercial crude inventories jumped by 5.7 million barrels last week, maintaining a total ...
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Short Sellers Moving Back Into Energy 

Crude oil traded around $56.12 a barrel early Friday, essentially up more than $2.00 in the past week, but far below a high of $62.90 posted on September 16, the ...
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Crude Price Rises as Inventory Levels Fall for First Time in 6 Weeks

The U.S. Energy Information Administration (EIA) released its weekly petroleum status report Wednesday morning, showing that U.S. commercial crude inventories declined by 1.7 million barrels last week, maintaining a total ...
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Why Halliburton Is Booming Despite Q3 Results

Halliburton Co. (NYSE: HAL) released its third-quarter financial results before the markets opened on Monday. The firm said that it had $0.34 in earnings per share (EPS) and $5.55 billion ...
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Oil Price Holds Firm Despite Massive Stockpile Increase

The U.S. Energy Information Administration (EIA) released its weekly petroleum status report Thursday morning, showing that U.S. commercial crude inventories soared by 9.3 million barrels last week, maintaining a total ...
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US Lowers Oil Price and Demand Forecasts for 2020

With slower global growth and oil in ample supply, a fresh new look from the U.S. Energy Information Administration (EIA) is projecting that oil prices will be lower in 2020. ...
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Oil Prices Could Reach Unimaginable Heights If Saudi Arabia, Iran Go to War

In an interview Sunday on CBS's 60 Minutes, Saudi Arabia's Crown Prince Mohammed bin Sultan said that a war between his country and Iran would send crude oil prices soaring: ...
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Some Energy Short Sellers Feeling Squeezed

Crude oil traded around $56.29 a barrel early Wednesday, up more than $2.00 in the past week, but far below a high of $62.90 posted on September 16, the first ...
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US Oil Stockpile Posts First Build in 5 Weeks

The U.S. Energy Information Administration (EIA) released its weekly petroleum status report Wednesday morning showing that U.S. commercial crude inventories increased by 1.1 million barrels last week, maintaining a total ...
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Very Mixed Reactions to Saudi-Attack Oil Price Spike in Transportation Stocks

The weekend attacks on Saudi Arabia's oil production and infrastructure have created major moves in the markets. After all, Saudi Arabia has close to 10% of global production, and roughly ...
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US Tops Saudi Arabia as World’s Largest Oil Exporter

The demand for crude oil has risen recently, according to an organization that tracks supply and demand. The surge in U.S. production and the politics of OPEC finances allowed America ...
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Get Ready For $2 Gas

As the economy slows while global oil production does not, gas prices are expected to drop after Labor Day, which concludes the summer driving season. Forecasts of U.S. GDP have ...
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7 Big Oil & Gas Stocks Analysts Want You to Buy Now

The energy sector used to be rather dominant in the weighting of the S&P 500. In 2019, it's hard to find investors who are all that eager to buy into ...
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