oil prices - Page 2

Big Oil Scares Off Short Sellers

Crude oil was trading right around $51 a barrel early on Wednesday. Over the past month, crude has been down sharply following the markets lower for the year. However, it ...
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Why the US Could Become a Net Exporter of Oil and Gas in the Next Decade

Overall, the boom in U.S. oil and gas production over the past decade has been a somewhat moderating force on what is a large domestic merchandise trade deficit by helping ...
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6 Most Important Things in Business Today: Amazon Picks NYC and Virginia

According to the Washington Post, Amazon.com Inc.'s (NASDAQ: AMZN) second headquarters will be split between Crystal City Virginia and New York City. The Washington Post reports: Amazon will open major ...
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On Big Oil, Short Sellers Can’t Make Up Their Minds

Crude oil was trading right around $61 a barrel early on Monday. Over the past month, crude has been down sharply following the markets lower for the year. However, it ...
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Saudi Arabia to Cut Production, Likely Ending Drop in Oil Prices

The unprecedented drop in oil prices may be over. A bear market dropped the price of crude from $76 to $60 in one month. Much of the cause was an ...
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6 Most Important Things in Business Today: OPEC Breakup?

The U.K. economy did well in the third quarter. According to Reuters: Britain’s economy kept up healthy momentum during the third quarter, but this may prove a high watermark ahead ...
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Short Sellers Grow More Selective on Major Oil Stocks

Crude oil was trading right around $67 a barrel early on Thursday. Over the past month, crude has been massively down following the markets lower for the year. However, it ...
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Saudi Arabia’s Economy and Military by the Numbers

Saudi Arabia ranks fourth in the world based on military expenditures. It ranks 41st in population, and it ranks 19th in nominal gross domestic product (GDP). Saudi Arabia's military capacity ...
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6 Most Important Things in Business Today: China GDP Slows, New Tesla

Gross domestic product growth in China slowed. According to Reuters: China’s economic growth cooled to its weakest quarterly pace since the global financial crisis, with regulators moving quickly to calm ...
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6 Most Important Things in Business Today: Google Looks Toward China

A co-founder of Microsoft Corp. (NASDAQ: MSFT) has died. According to Reuters: Microsoft Corp co-founder Paul Allen, the man who persuaded school-friend Bill Gates to drop out of Harvard to ...
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Short Sellers Up the Ante in Major Oil Stocks

Crude oil was trading right around $74 a barrel early on Wednesday. Over the past month, crude has been up and down, reaching as high as about $77 and as ...
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Gas Prices Hit $3 in 9 States

Brent crude prices have reached over $85 a barrel. Oil prices are the biggest contributor to the cost of gasoline. Gas prices, average for a gallon of regular, have topped ...
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Rising Oil Prices Have Short Sellers Confused

Crude oil was trading right around $72 a barrel early on Wednesday. Over the past month, crude has been up and down, reaching as high as about $73 and as ...
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4 Dividend Energy Stocks to Own as $80 Oil Could Happen This Fall

Even though global oil output was at a staggering 100 million barrels per day in August, the fact of the matter is that supplies could become severely disrupted this fall ...
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Major Oil Stocks Send Short Sellers Running for Cover

Crude oil was trading right around $69 a barrel early on Thursday. Over the past month, crude has been up and down, reaching as high as about $73 and as ...
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