Since the supply shock of 2022, the energy sector has been driven by growth in oil refiners who have benefited from favorable spreads between the price of oil and its distillates. However, growth ...

Crude oil stocks, excluding the SPR, stood at 412.7 million barrels on January 10, 414.6 million barrels on January 3, and 429.9 million barrels on January 12, 2024, the EIA report revealed.

Because of that, the oil stock is still a buy after oil's recent dip from $80, especially since the Marathon deal will enable it to produce even more cash at a lower price point. Don’t miss this ...

The corona pandemic might have rocked the global economy, especially the oil industry, but penny stocks survived. Penny stocks offer high risk and high rewards for investors at the same time ...

President Donald Trump’s repeated threats to slap steep tariffs on Canada and other friendly nations have left Toronto with some of the world’s worst-performing oil and gas stocks. A steep run ...

However, Canada’s oil and gas stocks have missed out on much of the gains and have trailed their United States peers, with the S&P/TSX Composite Energy Index rising nearly four per cent, compared to 8 ...

We recently compiled a list of the 12 Hot Oil Stocks to Buy According to Hedge Funds. In this article, we are going to take a look at where Tortoise Energy Infrastructure Corporation (NYSE ...

In addition, tighter US crude oil stocks will be supportive. EIA data yesterday showed that US commercial crude oil inventories fell by 1.96m barrels, which leaves inventories at a little under ...

While it is too early to talk about price growth, the sentiment is definitely improving, and oil stocks might be set to do well this year. Occidental is currently trading at 6.4X EV/EBITDA ...

Schlumberger (SLB) shares are getting a gain in Friday's session coming off of the oil (CL=F, BZ=F ... report more on the company's post-earnings stock action. To watch more expert insights ...