crude oil prices
crude oil prices Articles
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.
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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.
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WTI crude oil has dropped nearly 9% early Tuesday as demand has slipped again, leaving bulging inventories and a prediction for continued low prices.
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The International Energy Agency in its August oil market report said that demand in 2021 would rise more slowly than it had previously expected.
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Oil and gas giant Chevron reported a second-quarter loss that was larger than analysts expected along with revenue that fell short of estimates.
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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.
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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.
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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.
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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...
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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...
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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...
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Chesapeake appears headed towards bankruptcy, but will this save the company?
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Many investors are looking for companies that can survive as things are for the next decade or longer. Here are 10 of the larger U.S. companies tied to oil and gas that are likely to still exist and...
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Sometimes the best way to get a message out is visually. After all, there is an absolute media overload that occurs for many people who invest and for those who just watch the news. 24/7 Wall St. has...
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U.S. crude oil production is expected to decline by 1.75 million barrels by next month, according to IHS Markit. Some production may resume, however, if prices remain above $30 a barrel, and more...
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