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These four top energy companies pay rich dependable dividends and should continue to battle through the weakness in the sector until we get to the summer driving and travel season.
Schlumberger released better than expected fourth-quarter financial results before the markets opened on Friday.
Schlumberger is scheduled to release its fourth-quarter financial results before the markets open on Friday.
For the first time in two months, the national average price for a gallon of regular gas rose last week.
U.S. gasoline prices have been declining for seven straight weeks and reached $2.53 a gallon Monday morning, their lowest level since March.
Gasoline prices are as low as they have been since April, and drivers can expect those prices to continue to fall in early 2020.
The semi-annual meeting of OPEC oil ministers begins Thursday in Vienna. The cartel is wrestling a number of issues that are competing for attention as it tries to determine the best path forward to...
In its monthly Oil Market Report issued Thursday, OPEC noted a drop of nearly 4% month over month in its reference crude oil price but doggedly held on to estimates that it revised lower just last...
U.S. gasoline prices have not moved much in the past month. A gallon of regular in California today costs over four dollars.
The national average price of gasoline has declined for the second straight week, according to industry analysts at GasBuddy. Again, the West Coast appears to be leading the average lower.
Halliburton shares rallied early Monday even though it released disappointing third-quarter financial results before the markets opened.
The national average gasoline price dropped by nearly two cents a gallon over the past week. Except in California and along the West Coast where refinery outages have sent prices sharply higher.
The Federal Reserve Bank of Dallas on Wednesday released results of its quarterly survey of energy industry executives. All is not well in the oil and gas patch.
The last massive release of crude from the U.S. Strategic Petroleum Reserve was in 1991, when conflicts in the Middle East disrupted the oil markets. That may happen again in the coming weeks if the...
Few economists believe the global economy is growing or will grow soon, at least at a healthy level. High oil prices only make the dicey situation that is the global economy worse.