LONDON: The global oil surplus is beginning to shrink due to stronger-than-expected European and US demand growth, as well as production declines in Opec and non-Opec countries, the International Energy Agency said on Wednesday. …
HOUSTON, Sept. 18, 2017 (GLOBE NEWSWIRE) -- Carrizo Oil & Gas, Inc. (Nasdaq:CRZO) today announced that its Board of Directors approved a quarterly dividend of $9.00 per share to holders of the Company’s 8.875% Redeemable …
Predicting the stock market is no easy task. "Buy low" is great advice, but how do you know if a low stock won't go lower? Nevertheless, for investors looking to buy low, oil stocks are beckoning, with prices at their lowest level since the 1990s.
Oil futures hit a 10-year low of $26.55 a barrel in January 2016. Current oil futures contracts are now up over 100% since then to $54.22. But oil prices are still climbing. Money Morning Global Energy Strategist Dr. Kent Moors says oil
Oil stocks have become commonplace in many long-term portfolios, but an oil ETF is another way to bet on the price of crude. So oil stocks are seen as a way to play the potential rise in commodity prices that come along supply/demand …
The energy sector is a huge part of the economy. No matter how vital it is, though, oil is still a commodity and subject to the whims of supply and demand. Market news is released daily about the crude oil production of OPEC nations, how …
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Assuming the 1960s sitcom "The Beverly Hillbillies" got a 2017 reboot, and good ol' Jed Clampett were to stumble on "a-bubbling crude," it's not a stretch to think he'd just mosey on by that oil and look instead for a smartphone prototype …
VMW shares are up 2% in electronic trading -- set to open at their highest perch since September 2014 -- after Deutsche Bank upgraded the stock to "buy" from "hold," and raised its price target to $120 from $110, territory not charted in nine …
Energy stocks have been a horror show this year, eaten by the blob of low-priced oil. Many stocks have slumped 30% or more as oil prices have plunged and industry profits have trickled away. Don’t expect much relief in 2016 either; …