9 Oil and Gas Stocks to Buy Now This week, nine oil and gas stocks are improving their overall ratings on Portfolio Grader. Each of these stocks is rated an “A” (“strong buy”) or “B” overall (“buy”). Chesapeake Midstream Partners (CHKM) is making progress this week as its rating of C … Read more on […]
Tag Archives: oil
Acting Libyan Prime Minister announces oil standoff is over Ibrahim Jadran Libya's acting Prime Minister Abdullah Al-Thani said on Thursday that the government has reached a deal with a rebel leader controlling oil ports to hand over the last two terminals and end a blockade that has paralysed the country … Read more on Middle […]
Crude Oil Supplies Drop 0.8% After increasing 1.7 million barrels the previous week, this latest supply squeeze puts oil inventories back on the downward trajectory they had been following since the beginning of May. While imports fell slightly from the previous week, a 546,000 … Read more on Motley Fool Separating finely mixed oil and water […]
How a US decision to allow oil exports could change the world's energy balance The Obama Administration has taken a bold step toward loosening the grip of tense geopolitics on oil prices, reports the Wall Street Journal (paywall), giving the first permission in four decades for the export of unrefined American oil. The decision … […]
Oil market slides on fading Iraq supply fears LONDON – World oil prices fell on Monday, reversing earlier gains as supply fears faded over the fast-moving crisis in key crude producer Iraq, analysts said. Brent crude for delivery in August slid 80 cents to $ 114.01 per barrel in London late … Read more on […]
Oil Futures Diverge as Iraq Remains in Focus NEW YORK–The gap between the benchmark oil contracts diverged to its widest in nearly a month Tuesday as Brent prices continued to rise on uncertainty about Iraqi supply while U.S. prices retreated for a second straight session. Light, sweet crude for … Read more on Wall Street […]
Oil Industry in Iraq Faces Setback to Revival After a long history of wars and sanctions, Iraq re-emerged as a critical source of oil in recent years. Mounting Iraqi production helped to ease world oil prices despite the tightening restrictions on Iran and tanking exports from Libya. And Western … Read more on New York […]
Aubrey McClendon Announces B In New Oil And Gas Deals McClendon clearly has much higher hopes for the Permian basin of Texas, which has a 100-year history of oil production and is currently enjoying a new boom. His new Permian deal looks rich, with AEP paying $ 156,000 per flowing daily barrel. This is in […]
Crude oil terminal owners called to show pollution cleanup funding Albany. A state lawmaker from Albany is proposing that oil storage terminals that handle Bakken crude oil or tar sands oil — like the two terminals at the Port of Albany — be required to put up financial guarantees to cover the multimillion-dollar … Read […]
