US Oil Rig Count Unchanged, Crude on Track for 3% Weekly Loss
In the week ending August 17, 2018, the number of land rigs drilling for oil in the United States totaled 869, unchanged compared to the previous week and up by ...Read Full Story »
oil and gas
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Natural Gas Price Drops on Storage Increase, Weather Forecast
The U.S. Energy Information Administration (EIA) reported Thursday morning that U.S. natural gas stockpiles increased by 33 billion cubic feet for the week ending August 10. Analysts were expecting a ...Read Full Story »
Jefferies Says Buy 3 Large Cap Integrated Energy Stocks Now
Oil has taken a beating lately as the black gold has suffered from a rising dollar, though it has had a strong run off of the lows posted in 2016. ...Read Full Story »
6 Most Important Things in Business Today
Trade negotiations between the United States and China may happen later this month. According to Reuters: China said on Thursday it will hold a fresh round of trade talks with ...Read Full Story »
US Shale Oil Production to Rise 90,000 Barrels a Day in September
Between August of 2017 and August of 2018, U.S. crude oil production from seven major shale regions is forecast to rise by 1.4 million barrels of oil per day to ...Read Full Story »
SunTrust Has 5 Incredible Stocks to Buy Priced Under $10
Most firms on Wall Street focus on large and mega-cap stocks, as they provide a degree of safety and liquidity. Unfortunately, many investors are limited in the number of these ...Read Full Story »
US Oil Rig Count Jumps 10, Crude Price Holds On to Gain
In the week ending August 10, 2018, the number of land rigs drilling for oil in the United States totaled 869, up by 10 compared to the previous week and ...Read Full Story »
Why Short Sellers Piled On Kinder Morgan
Canadian resistance to buying the Trans Mountain pipeline system Kinder Morgan Inc. (NYSE: KMI) subsidiary Kinder Morgan Canada is increasing, and with it so is short interest in Kinder Morgan. ...Read Full Story »
Short Sellers of Major Oil Stocks Run for Cover
Crude oil was trading near $67 a barrel early on Friday. Over the past month, crude has been up and down, reaching as high as about $73 and as low ...Read Full Story »
Natural Gas Price Slips on Increase to Storage
The U.S. Energy Information Administration (EIA) reported Thursday morning that U.S. natural gas stockpiles increased by 46 billion cubic feet for the week ending August 3. Analysts were expecting a ...Read Full Story »
Crude Oil Price Slumps on Small Decrease in Stockpiles
The U.S. Energy Information Administration (EIA) released its weekly petroleum status report Wednesday morning, showing that U.S. commercial crude inventories decreased by 1.4 million barrels last week, maintaining a total ...Read Full Story »
4 Large-Cap Oil Stocks to Buy as Iran Sanctions Start Kicking In
Regardless of what you think about President Trump's foreign policy, one thing is for sure. When he makes up his mind on an issue, he generally goes all in. One ...Read Full Story »
US Oil Rig Count Down 2, Crude Price on Track to Close the Week Lower
In the week ending August 3, 2018, the number of land rigs drilling for oil in the United States totaled 859, down by two compared to the previous week and ...Read Full Story »
Natural Gas Price Moves Higher on Small Increase to Storage
The U.S. Energy Information Administration (EIA) reported Thursday morning that U.S. natural gas stockpiles increased by 35 billion cubic feet for the week ending July 27. Analysts were expecting a ...Read Full Story »
Why Energy MLPs May Be the Buy of the Decade Now
It started back in March, and then one day the roof caved in. The energy master limited partnerships (MLPs) were crushed when the Federal Energy Regulatory Commission (FERC), which is ...Read Full Story »
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