crude

We’ve got three major focal points; let’s take a market minute to get in front of what’s headed our way this week. First, in terms of companies reporting quarterly results, the attention is going to shift from big banks to companies like United Airlines (NYSE: UAL), Harley...

The following post was written and/or published as a collaboration between Benzinga’s in-house sponsored content team and a financial partner of Benzinga. With global supply at all-time highs and demand at record lows, the world’s most valuable commodity is at an economic crossroads....

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WTI crude oil prices are back above $54/bbl for the first time since February, which is good news for many oil investors. But while crude oil prices have surged 15 percent in the past month, natural gas prices have fallen 5.8 percent in that time. Bernstein analyst Jean Ann Salisbury recently...

Energy stocks and exchange-traded funds are rebounding off their previous lows, but the sector remains the worst-performing group in the S&P 500 this year. Problems for the broader energy sector include lagging exploration and production stocks. The SPDR S&P Oil & Gas Exploration &...

Here’s one reason President Donald Trump hasn’t hit Venezuelan ruler Nicolas Maduro where it would hurt the most: banning the supplier of 10 percent of America’s oil would cause gas prices to skyrocket, further eroding the president’s popularity. Philip Verleger, an energy...

Hopes of a legitimate rebound in oil prices and the related exchange-traded funds were dealt a blow last week when the United States Oil Fund (NYSE: USO), which tracks West Texas Intermediate futures, slid 2.6 percent. Slumping crude prices often pressure some equity-based ETFs, including the...

Exxon Mobil Corporation (NYSE: XOM) has filed a lawsuit against the U.S. government in response to a $2 million fine imposed on the oil company for violating sanctions prohibiting deals with Russia. The U.S. Treasury Department levied the fine on Thursday after reviewing the company’s joint...

Now that investors are at the halfway point of 2017, it’s time to take a look back at what has been an exceptionally strong year for U.S. stocks so far. The SPDR S&P 500 ETF Trust (NYSE: SPY) is up 8.6 percent in the first half of the year, but not all stocks have been invited to the...

In a note released Tuesday, Atlantic Equities named EOG Resources Inc (NYSE: EOG) its favorite energy play. The firm believes EOG is one of the best placed exploration & production companies to manage at current oil prices. Lowering Oil Price Forecast Despite Undersupply Analyst Barry MacCarthy...

Bearish sentiment has taken hold of crude oil prices as various analysts and agencies have slashed their forecast for this year and next. On Wednesday, oil fell a little over 5 percent to a one-month low of $45.72, taking the year-to-date loss to 15 percent. However, there has been a recovery on...

Dennis Gartman, editor and publisher of "The Gartman Letter," is known for shifting his stance on oil from bull to bear given the highly volatile and constantly changing factors that determine the price of oil. For instance, Gartman's 2016 call that oil won't trade above $44 per barrel in his...

Disappointment with the pace of the global oil market recovery once again has Exxon Mobil Corporation (NYSE: XOM) shares trading near the critical $80 support level. A breakdown below $80 support could be bad news for Exxon bulls. Here's why. The $80 level has served as support for Exxon since...

Frontline Ltd. (NYSE: FRO) is projected to post a loss in the second quarter, translating to a zero dividend, Credit Suisse said in a Tuesday note. Notwithstanding the negative opinion, the shares of the company were up in reaction to the possibility of a deal being struck. Soft Spot Prices The...

Even with the benefit of a recent bounce, the United States Oil Fund LP (ETF) (NYSE: USO), which tracks West Texas Intermediate futures, is lower 12.3 percent year-to-date. That underscores the point that oil is one of this year's worst-performing commodities, but not all energy-related...