Retail gasoline prices have hit their high for the year, but the news is not all bad. Despite the fact that AAA says prices have risen 17 cents a gallon, hitting $265 per gallon, prices are a lot lower than a year ago--and taking into consideration the fact that crude oil prices have soared, it could have been a lot worse.
Russia sanctions on oilfield technology including fracking and deep-water drilling may shave 3 cents a share off Schlumberger Ltd.’s third quarter earnings, the company said.
Russia relies on companies including Exxon Mobil Corp., BP Plc, Halliburton Co. and Schlumberger Ltd. for the latest technology and expertise it needs to develop an estimated $7.58 trillion in oil and natural gas resources that sprawl across nine time zones.
Russia relies on companies including Exxon Mobil Corp., BP Plc, Halliburton Co. and Schlumberger Ltd. for the latest technology and expertise it needs to develop an estimated $7.58 trillion in oil and natural gas resources that sprawl across nine time zones.
In this interview with The Energy Report, Palmer unveils a handful of resource stocks that are slumbering through the summer doldrums.
The Energy Information Agency shocked the market by reporting that U.S. Crude supply increased by 6.7 million barrels putting supply at the highest level in 82 years. So much for that uptick in gasoline demand.
Natural gas pops on a last blast of snow and cold at the end of April. A nor’easter seemed to give natural gas bulls hope that perhaps a bottom may be in for natural gas or perhaps it is just a snow job.
There have been few catalysts driving uranium stocks this summer. But the "Mercenary Geologist," believes that this market funk resembles the period that preceded one of the best junior resource bull markets ever seen.
Marcellus Shale Coalition says industry did not decline meeting with Pennsylvania Gov. Ed Rendell.
In the following special report identifies the crucial factors that make, or break, a company exploring for this tricky - but potentially lucrative - commodity.