oil and gas

Natural Gas Price Rises on Another Big Storage Drawdown

Posted: February 21, 2019 at 2:03 pm

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 ...
Read Full Story »

Natural Gas Price Ticks Lower After Inventory Report

Posted: February 14, 2019 at 1:35 pm

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 ...
Read Full Story »

Crude Oil Prices Solidly Higher, Ignoring Rising US Inventories

Posted: February 13, 2019 at 11:25 am

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 ...
Read Full Story »

Short Sellers Retreat on Major Oil Stocks

Posted: February 12, 2019 at 10:05 am

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 ...
Read Full Story »

Grumbling From Russian Oil Giant Rosneft Over Production Cuts: Reuters

Posted: February 11, 2019 at 1:25 pm

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 ...
Read Full Story »

US Senate Takes Aim at OPEC, but Will It Follow Through?

Posted: February 8, 2019 at 11:15 am

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 ...
Read Full Story »

Natural Gas Price Slips After Withdrawals Fall Short

Posted: February 7, 2019 at 12:00 pm

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 ...
Read Full Story »

Crude Oil Prices Sag on Inventory Build Up

Posted: February 6, 2019 at 11:05 am

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 ...
Read Full Story »

RBC Global Energy Best Ideas Up Big in 2019: 4 to Buy Now

Posted: February 6, 2019 at 7:45 am

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 ...
Read Full Story »

Large-Cap Oil Dividend Stocks Are Dirt Cheap Buys Now

Posted: February 4, 2019 at 7:05 am

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 ...
Read Full Story »

Is Chevron Getting Enough Credit for Its Q4 Earnings?

Posted: February 1, 2019 at 9:50 am

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 ...
Read Full Story »

Exxon Earnings Had Only a Little to Do With Oil Production

Posted: February 1, 2019 at 9:05 am

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 ...
Read Full Story »

Exxon Deepens Commitment to Get Permian Oil to the Gulf Coast

Posted: January 30, 2019 at 1:50 pm

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) ...
Read Full Story »

Second Take: What Kinder Morgan’s Capex Budget and Outlook Mean for Natural Gas

Posted: January 29, 2019 at 11:50 am

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 ...
Read Full Story »

Gas Prices Ticked Higher Last Week

Posted: January 28, 2019 at 12:50 pm

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 ...
Read Full Story »