crude oil prices - Page 2

Petrobras Gets New Street-High Analyst Target for Upside

Petróleo Brasileiro S.A. (NYSE: PBR), or Petrobras, is not your traditional oil giant. Being a Brazilian state-controlled oil company with shareholder rights further down the line than most oil giants ...
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BlackRock Adjusts 2019 Positive Risk-On Outlook for Stocks and Oil

BlackRock may not be as frequently cited for some of its market and policy outlooks and views as some of the large brokerage firms. What makes BlackRock unique is that ...
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Institutional Interest Keeping Energy Stocks and ETFs Higher as Oil Challenges $60

Just when it looked as if crude oil prices were going to pull back, suddenly a one-day surge higher of 2.4% ($1.40) has taken oil back above $60 per barrel. ...
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OPEC Crude Production Slipped in February on Saudi, Venezuelan Reductions

In its Monthly Oil Market Report for March, released Thursday morning, the Organization of the Petroleum Exporting Countries (OPEC) noted that the cartel's month-over-month average price for its reference basket ...
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Short Sellers Run for Cover on Major Oil Stocks

Crude oil was trading right around $57 a barrel early on Tuesday. Over the past month, crude has fluctuated, ranging from $53 to $57 a barrel but following the markets ...
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Short Sellers Grow More Selective on Major Oil

Crude oil was trading right around $57 a barrel early on Thursday. Over the past month, crude has fluctuated, ranging from $52 to $57 a barrel but following the markets ...
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Merrill Lynch Stays Bullish on Oil and Gas Leaders, Even as Trump Tweets Oil Is Too High

Apparently, President Donald Trump can still influence the price of oil with a mere tweet. Crude oil was last seen trading down $2.10 at $55.16 per barrel, a drop of ...
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Crude Oil Prices Solidly Higher, Ignoring Rising US Inventories

The U.S. Energy Information Administration (EIA) released its weekly petroleum status report Wednesday morning showing that U.S. commercial crude inventories increased by 3.6 million barrels last week, maintaining a total ...
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Short Sellers Retreat on Major Oil Stocks

Crude oil was trading right around $54 a barrel early on Tuesday. Over the past month, crude has fluctuated incredibly, following the markets lower for the most part. However, it ...
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Crude Oil Prices Sag on Inventory Build Up

The U.S. Energy Information Administration (EIA) released its weekly petroleum status report Wednesday morning, showing that U.S. commercial crude inventories increased by 1.3 million barrels last week, maintaining a total ...
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Is Chevron Getting Enough Credit for Its Q4 Earnings?

Chevron Corp. (NYSE: CVX) reported its most recent quarterly results before the markets opened on Friday. It posted $2.06 in earnings per share (EPS) and $42.35 billion in revenue, which ...
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Short Sellers Up the Ante in Major Oil Stocks

Crude oil was trading right around $52 a barrel early on Monday. Over the past month, crude has fluctuated incredibly, following the markets lower for the most part. However, it ...
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Have Schlumberger’s Acquisitions Paid Off?

Schlumberger Ltd. (NYSE: SLB) reported its most recent quarterly results on Friday morning. The oilfield services firm said that it had $0.36 in earnings per share (EPS) and $8.18 billion ...
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How Much Big Oil Short Sellers Are Hiking Their Bets

Crude oil was trading right around $52 a barrel early on Friday. Over the past month, crude has fluctuated incredibly, following the markets lower for the most part. However, it ...
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Saudi Arabian, US Oil Reserves Rising

In a statement posted Wednesday by Saudi Arabia's official news agency, Saudi Aramco officials announced that the kingdom's proved oil and gas reserves rose to 266.3 billion barrels and 302.3 ...
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