crude oil prices
The Dallas Fed's final survey of oil and gas industry executives indicates that the oil patch is recovering from the downturn caused by the coronavirus pandemic. The outlook for next year remains...
18 days ago
This week's strong move in oil prices also created a massive rally in oil stocks, but the International Energy Agency has warned that moves may be very premature.
2 months ago
The International Energy Agency on Tuesday issued its oil market report for September. The short version is that demand is expected to decline further and so are crude prices.
4 months ago
Short sellers mostly shaved their positions in oil and gas stocks in the two-week reporting period that ended August 31. Falling crude prices may change their minds again, though.
4 months ago
Increasing oil production among OPEC+ partners and in the United States is keeping a lid on crude prices and new estimates do not see an end to the oil market glut until late next year or early 2022.
4 months ago
WTI crude oil has dropped nearly 9% early Tuesday as demand has slipped again, leaving bulging inventories and a prediction for continued low prices.
4 months ago
The International Energy Agency in its August oil market report said that demand in 2021 would rise more slowly than it had previously expected.
5 months ago
Oil and gas giant Chevron reported a second-quarter loss that was larger than analysts expected along with revenue that fell short of estimates.
5 months ago
Short interest in oil and gas stocks slipped a bit in the two-week period that ended June 30. Crude prices have been relatively flat for about six weeks.
6 months ago
The International Energy Agency now forecasts a demand decline of nearly 8 million barrels a day in 2020, largely due to the COVID-19 pandemic.
6 months ago
In the two-week short interest period that ended June 15, oil and gas stocks mostly saw declines in short selling, but share prices fell off a cliff for most.
6 months ago
June is nearing its end and the stock market’s recovery along with the overall economic reports have been nearly unimaginable. Employers, investors, day traders, economists and those who are...
6 months ago
After shutting in production at thousands of U.S. shale wells, some producers are getting set to restart the wells. U.S. production could rise by half a million barrels a day by next month according...
7 months ago
Now that June is underway, the recent recovery in unemployment and the continued surge in the stock market have managed to surprise just about everyone. These are also hard to fathom in the wake of...
7 months ago
Chesapeake appears headed towards bankruptcy, but will this save the company?
7 months ago