oil and gas

Natural Gas Price Rises on Another Big Storage Drawdown

The U.S. Energy Information Administration (EIA) reported Thursday morning that U.S. natural gas stockpiles decreased by 177 billion cubic feet for the week ending February 15. Analysts polled by Reuters ...
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Natural Gas Price Ticks Lower After Inventory Report

The U.S. Energy Information Administration (EIA) reported Thursday morning that U.S. natural gas stockpiles decreased by 78 billion cubic feet for the week ending February 8. Analysts polled by Reuters ...
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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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Grumbling From Russian Oil Giant Rosneft Over Production Cuts: Reuters

The chief executive officer of one of Russia's largest oil companies, Rosneft, reportedly has complained in a letter to President Vladimir Putin that going along with production cuts proposed by ...
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US Senate Takes Aim at OPEC, but Will It Follow Through?

On Thursday, a bipartisan group of four U.S. Senators introduced legislation titled the No Oil Producing and Exporting Cartels Act (NOPEC) that would give the U.S. Department of Justice authority ...
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Natural Gas Price Slips After Withdrawals Fall Short

The U.S. Energy Information Administration (EIA) reported Thursday morning that U.S. natural gas stockpiles decreased by 237 billion cubic feet for the week ending February 1. Analysts polled by Reuters ...
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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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RBC Global Energy Best Ideas Up Big in 2019: 4 to Buy Now

Despite a big fourth-quarter sell-off in the benchmark pricing of crude oil that was brutal, dropping the price of West Texas Intermediate (WTI) from a high of $76.41 on October ...
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Large-Cap Oil Dividend Stocks Are Dirt Cheap Buys Now

Despite a big fourth-quarter sell-off in the benchmark pricing of crude oil that was brutal, dropping the price of West Texas Intermediate (WTI) from a high of $76.41 on October ...
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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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Exxon Earnings Had Only a Little to Do With Oil Production

Exxon Mobil Corp. (NYSE: XOM) reported estimated fourth-quarter and full-year 2018 results before markets opened Friday. For the quarter, the integrated oil and gas giant posted diluted earnings per share ...
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Exxon Deepens Commitment to Get Permian Oil to the Gulf Coast

Sometimes news releases from private companies have a broader impact than first meets the eye. A company called Lotus Midstream announced on Wednesday that it, Exxon Mobil Corp. (NYSE: XOM) ...
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Second Take: What Kinder Morgan’s Capex Budget and Outlook Mean for Natural Gas

When it comes to the world of oil and gas infrastructure projects and master limited partnerships (MLPs), Kinder Morgan Inc. (NYSE: KMI) remains one of the leaders. Its move to ...
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Gas Prices Ticked Higher Last Week

The price for a gallon of regular gasoline remained near its lowest level in more than two years this week at a national average of $2.25 a gallon. That's three ...
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