Oil prices continued to climb today, following a trend from late last week. West Texas Intermediate for October 2015 was trading at $47.50 per barrel today, up about $10 from last Monday’s lows. Last week, better …
The United States will start to export light crude oil to Mexico as part of a crude oil swap, leading the U.S. another step closer to lifting the ban on exporting crude oil. The …
The total number of rigs drilling for oil and gas in the United States remained unchanged in the week ended August 18, 2015, according to information from Baker Hughes (ticker: BHI). …
Bruce Benson has served as the President of the University of Colorado (CU) for the past 7 years, making him the longest-serving CU president in more than half a century. During his time at the helm of one of the …
A new €93 million pipeline linking Ireland to Scotland’s gas network received the green light from regulators this week. The project will be partial funded with €33.7 million of European Union grant …
For the first time since 2009, the Energy Information Administration (EIA) published its report on the top 100 oil and gas fields in the United …
Forbes reports nearly 74,000 oil workers have been laid off since spot prices plummeted in Q4’14, with 58,624 (or nearly 80%) of the workers coming from the oil service side. Major companies like Schlumberger, Baker Hughes, Pemex, Weatherford and Halliburton …
Oil prices could give back gains seen over the past few weeks, falling as low as $40 per barrel, according to Goldman Sachs. West Texas Intermediate (WTI) oil …
Yesterday a client said, “It feels like 1986.” We haven’t heard that since 1986, and that year was a pivotal one.
The United Kingdom and France announced plans to construct the …
Oil prices inched lower this morning, with West Texas Intermediate (WTI) and Brent below $54 and $58, respectively. Crude oil inventories increased by 7.3 million barrels, according to …
World oil prices rebounded slightly on Thursday after sharp losses the previous day sparked by surging crude stockpiles in the United States. US benchmark West Texas Intermediate for December delivery added 23 cents to $80.75 a barrel compared with Wednesday's …
Jeffrey Gundlach believes Saudi Arabia loves 'turning the screws' on rival Iran.
…Star bond investor Jeffrey Gundlach believes oil will plunge to $70 because Saudi Arabia loves 'turning the screws' on rival Iran.
…Neste Oil Corporation Interim Report 23 October 2014 at 9 a.m. (EET) Neste Oil`s Interim Report for January-September 2014 Strong market development in the third quarter. Full-year guidance revised. Third …
…Crude oil prices just keep falling, and gas prices are following suit. Many analysts think the downward trend in oil prices will continue, driving the average price at the pump in the US below $3.00 a gallon.
…Oil prices resumed their deep downward march on Wednesday, with U.S. After trading in a relatively narrower range for the past few days, Brent crude fell $1.68 at $84.56 a barrel at 2:37 EST (1824 GMT). The Energy Information Administration …
Global benchmark Brent reversed course after the U.S. Energy Information Administration said crude inventories rose by 7.11 million barrels, more than the 2.7 million-barrel increase analysts had expected. "The large crude oil build is the dominant feature of the report, …
Oil service stocks have posted mixed results in recent days, and with the recent slide in oil it will be interesting to see how these companies perform now.
…West Texas Intermediate oil fell $1.16 to $81.33 a barrel on the New York Mercantile Exchange at 1:37 p.m. An analysis of a group of wells on the same lease in La Salle County, in the heart of Texas's booming …
London (AFP) – World oil prices hit reverse Wednesday following news of surging stockpiles in top consumer the United States, with additional selling pressure from the stronger dollar.
…U.S. shale producers are cramming more wells into the juiciest spots of their oilfields in a move that may help keep the drilling boom going as prices plunge.
…Caracas (AFP) – Sliding oil prices are deepening the budget crisis facing the Venezuelan government, which is already struggling to fund its lavish subsidies and rigid exchange-rate controls, analysts say.
…In the oil boom towns of North Dakota, Texas and Colorado there's a big demand for new homes — but there's no one to build them.
…Those giant offshore oil platforms dotting California’s coastline look like the least friendly marine habitat you could find.
…Brent crude oil ended up almost 1 percent on Tuesday, helped by data showing stronger-than-expected China demand and some technical price recovery after weeks of almost uninterrupted selling. Analysts and traders cautioned, however, that global economic data, especially out of …
Investors are putting money into funds that track oil prices at the fastest rate in two years, betting that crude will rebound from a bear market. The four biggest oil exchange-traded products listed in the U.S. Shares outstanding of the …
Intervale Capital CEO Charles Cherrington appeared on Fox Business News’ Opening Bell with Maria Bartiromo to discuss the U.S. crude oil export ban, the global crude oil market, and why his company heavily invests in the OilService market.
Important disclosures:…
On Monday, U.S. crude oil, reacting to a less worrisome geopolitical climate in Iraq and Ukraine, fell to its lowest level since January at $92.66 for October delivery.
Monday’s “biggest decliners in the S&P 500 were oil drilling and exploration …
New WPX Energy President and CEO Rick Muncrief appeared on CNBC’s Mad Money with Jim Cramer from EnerCom’s The Oil & Gas Conference in Denver to detail near-term operational objectives and provide an update on his first 100 days as …
Denbury Resources President and CEO Phil Rykhoek appeared on CNBC’s Mad Money from EnerCom’s The Oil & Gas Conference in Denver to discuss the company’s growth and income strategy.
Important disclosures: The information provided herein is believed to be …
