Carrizo Oil & Gas Inc

Most Recent

  • uploads///EIA
    Macroeconomic Analysis

    Crude Oil Holds above $50 in the Early Hours on October 7

    After breaking the resistance level of $50 and reaching multi-month high price levels on October 6, crude oil prices stayed above $50 early on October 7.

    By Val Kensington
  • uploads///apa
    Earnings Report

    What Are Analyst Recommendations for Apache?

    Wall Street analysts gave mixed recommendations after Apache’s quarterly results. Apache shares fell 5% on November 6, 2015, after the earnings release.

    By Vineet Kulkarni
  • uploads///correlation of oil weighted stocks
    Energy & Utilities

    Which Energy Stocks Are Impacted More by Crude Oil?

    On September 12, WTI crude oil (UWTI) (USO) (OIIL) (USL) (SCO) (DWTI) active contracts closed at $46.29 per barrel—0.9% above the previous closing price.

    By Rabindra Samanta
  • uploads///refinery demand
    Macroeconomic Analysis

    Crude Oil Inventories Rose despite Oil Demand from US Refineries

    The rise in US crude oil production would have contributed to the rise in US crude oil inventories between October 28 and November 4, 2016.

    By Gordon Kristopher
  • uploads///Iraq
    Miscellaneous

    Iran and Iraq’s Role in OPEC’s Meeting

    The EIA estimates that Iran’s crude oil production was flat at 3.81 MMbpd in April 2017—compared to March 2017. Production rose 8.8% YoY.

    By Gordon Kristopher
  • uploads///How Do Rigs Producton and Prices Affect Each Other
    Energy & Utilities

    Analyzing Crude Oil Rigs, Production, and Prices

    The US crude oil rig count was 341 for the week ending July 1, 2016. That was 11 more than the previous week, according to data released by Baker Hughes.

    By Rabindra Samanta
  • uploads///oil
    Macroeconomic Analysis

    Why Did Crude Oil Stabilize on November 14?

    On November 14, the WTI (West Texas Intermediate) crude oil futures contract for December delivery closed the day at $43.32 per barrel—a fall of ~0.21%.

    By Val Kensington
  • uploads///oil
    Macroeconomic Analysis

    Why Did Crude Oil Continue to Trade Higher This Morning?

    Crude oil continued to trade higher on Thursday morning due to support from the EIA’s inventory report released on Wednesday.

    By Val Kensington
  • uploads///oil
    Macroeconomic Analysis

    Crude Oil Is Weaker before the Oil Rig Count Data on October 28

    At 6:55 AM EST on October 28, the WTI crude oil futures contract for December delivery was trading at $49.47 per barrel—a fall of ~0.48%.

    By Val Kensington
  • uploads///Capex
    Company & Industry Overviews

    Comparing Capex Growth for 4 US Upstream Companies

    RSP Permian recorded 4.6% fiscal 3Q15 capital expenditure growth. It spent $403 million on capex in fiscal 3Q15 compared to $385 million in fiscal 3Q14.

    By Alex Chamberlin
  • uploads///cRUDE
    Macroeconomic Analysis

    Crude Oil Declined Sharply on June 10

    Crude oil fell sharply on Friday, June 10, 2016, affected by weakness in the global markets and the strong dollar. At 12:27 PM EDT, WTI crude futures for July expiry were trading at $49.31 per barrel, a drop of ~2.5%.

    By Val Kensington
  • uploads///SWN Q Post Analysts
    Earnings Report

    What Analysts Are Saying Now about Southwestern Energy

    As of May 2, 40 analysts have given recommendations on SWN, including five “strong buys,” five “buys,” 27 “holds,” two “sells,” and one “strong sell.”

    By Nicholas Chapman
  • uploads///oil
    Energy & Utilities

    Why Is Crude Oil Positive in the Early Hours on September 7?

    At 6:00 AM EST on September 7, the West Texas Intermediate crude oil futures contract for October delivery was trading at $45.24 per barrel—a gain of ~0.94%.

    By Val Kensington
  • uploads///US cushing crude oil stocks
    Macroeconomic Analysis

    Cushing Crude Oil Inventories: What Does the Future Hold?

    Bloomberg surveys projected that Cushing crude oil inventories fell by 0.7 MMbbls (million barrels) for the week ending June 3—compared to the previous week.

    By Gordon Kristopher
  • uploads///WTI vs Brent
    Macroeconomic Analysis

    Crude Oil Continues to Trade Higher This Morning

    Crude oil continues to trade higher due to positive sentiment surrounding the crude oil market. At 7:38 AM EST, WTI crude was trading at $44.88 per barrel.

    By Val Kensington
  • uploads///image
    Energy & Utilities

    Oil Inventory Data: Possible Scenarios

    According to the EIA’s report released on July 5, US crude oil inventories rose by ~1.2 MMbbls to ~417.9 MMbbls in the week ending June 29.

    By Rabindra Samanta
  • uploads///oil _
    Energy & Utilities

    An Important Note to Investors in Oil-Weighted Stocks

    On July 3, US crude oil August futures rose 0.3% and closed at $74.14 per barrel.

    By Rabindra Samanta
  • uploads///Rig
    Macroeconomic Analysis

    How Is Crude Oil Performing This Morning?

    After testing the psychological resistance level of $50 on Thursday, May 26, 2016, crude oil is trading below the resistance level this morning.

    By Val Kensington
  • uploads///WTI prices
    Macroeconomic Analysis

    Will Crude Oil Prices Test $60 per Barrel?

    Brent crude oil prices could trade between $35 and $40 per barrel in 2016 due to a stronger dollar, oversupply, and near-record US crude oil inventories.

    By Gordon Kristopher
  • uploads///oil
    Energy & Utilities

    What Made Crude Oil Spike Higher on August 11?

    At 1:05 PM EDT on Thursday, August 11, the WTI crude oil futures contract for September delivery was trading at $43.61 per barrel, a gain of ~4.5%.

    By Val Kensington
  • uploads///SWN Q Analysts
    Company & Industry Overviews

    Southwestern Energy Is Trading Below Wall Street’s Median Target

    Currently, ~10.0% of Wall Street analysts rate Southwestern Energy (SWN) a “strong buy,” 10.0% rate it a “buy,” and 65.0% rate it a “hold.”

    By Nicholas Chapman
  • uploads///image
    Miscellaneous

    Are Oil-Weighted Stocks Outperforming Crude Oil?

    Between June 5 and June 12, 2017, US crude oil active futures fell 2.8%. However, a basket of equally weighted oil stocks rose 1.0%.

    By Rabindra Samanta
  • uploads///Horizontal vs Vertical rig count
    Macroeconomic Analysis

    Could Drop in Horizontal Rigs Indicate a Slowing US Shale Boom?

    According to oil service company Baker Hughes (BHI), the horizontal rig count fell by seven in the week ended May 15, 2015, compared to the previous week’s count.

    By Alex Chamberlin
  • uploads///image
    Energy & Utilities

    EIA Data Might Be Neutral for Oil Prices

    On February 21, the EIA (U.S. Energy Information Administration) is scheduled to announce last week’s US crude oil inventory data.

    By Rabindra Samanta
  • uploads///us production
    Macroeconomic Analysis

    Crude Oil Prices Fell below the 200-Day Moving Average

    Crude oil prices were $50–$54 per barrel between December 2016 and early March 2017. Prices broke below $50 per barrel on March 9, 2017.

    By Gordon Kristopher
  • uploads///image
    Macroeconomic Analysis

    US Crude Oil Imports Impact Inventories

    US crude oil imports fell by 745,000 bpd to 7,405,000 bpd from March 3–10, 2017. Imports fell 9.1% week-over-week and 3.7% year-over-year.

    By Gordon Kristopher
  • uploads///oil weighted stock performance
    Miscellaneous

    Which Oil-Weighted Stocks Could Outperform Oil’s Downturn?

    On February 11, 2016, US crude oil touched a 12-year low. From February 11, 2016, to March 13, 2017, US crude oil active futures contracts rose 84.7%.

    By Rabindra Samanta
  • uploads///oil
    Energy & Utilities

    Why Did Crude Oil Fall More on September 13?

    After starting the week on a positive note by gaining on September 12, crude oil lost its strength on September 13 amid bearish market outlook reports.

    By Val Kensington
  • uploads///image
    Miscellaneous

    Could Bearish Drivers Halt US Crude Oil Price Recovery?

    June WTI (West Texas Intermediate) crude oil (IXC) (IYE) (USO) futures contracts have risen ~5% from their five-month low as of May 15, 2017.

    By Gordon Kristopher
  • uploads///oil producers
    Macroeconomic Analysis

    How the Crude Oil Market Could React to the Doha Oil Producers Meeting

    A meeting of oil producers is scheduled in Doha, Qatar, for April 17. The meeting is meant to support crude prices and will focus on freezing production.

    By Gordon Kristopher
  • uploads///image
    Energy & Utilities

    Where US Crude Oil Prices Could Close Next Week

    On August 9, US crude oil’s implied volatility was 23.1%, which was ~1.3% below its 15-day average.

    By Rabindra Samanta
  • uploads///eia
    Energy & Utilities

    How’s Crude Oil Trading Early on September 15?

    After falling for two consecutive trading days, crude oil eased and recovered moderately in the early hours on September 15.

    By Val Kensington
  • uploads///image
    Energy & Utilities

    Oil Fell: Which Oil-Weighted Stocks Are at Risk?

    On August 28, 2017, US crude oil (USO) (DBO) October futures closed at $46.57 per barrel—below the past ten-day trading range of $47–$50 per barrel.

    By Rabindra Samanta
  • uploads///usdx and crude oil
    Macroeconomic Analysis

    OPEC and the US Dollar Pressured Crude Oil Prices

    The US Dollar Index fell 0.2% to 101.5 on November 25, 2016. However, it hit 102 on November 24, 2016—the highest level in nearly 14 years.

    By Gordon Kristopher
  • uploads///gasoline and distillate
    Macroeconomic Analysis

    US Gasoline and Distillate Inventories Could Benefit Crude Prices

    The API reported that US gasoline inventories fell by 1.9 MMbbls (million barrels) for the week ending March 25, 2016—compared to the previous week.

    By Gordon Kristopher
  • uploads///cftc new oct
    Macroeconomic Analysis

    Analyzing the Open Interest in US Crude Oil Contracts

    The open interest for WTI crude oil futures and options contracts rose for the fourth time in the last five weeks in the week ending November 15.

    By Gordon Kristopher
  • uploads///p
    Energy & Utilities

    Are Oil-Weighted Stocks and US Crude Oil Deviating?

    Between February 11, 2016, and April 4, 2018, US crude oil active futures rose 141.8% from their 12-year low.

    By Rabindra Samanta
  • uploads///EGN Q Post Analysts
    Earnings Report

    What Are Analysts Saying about Energen after Its 1Q16 Earnings?

    Currently, ~52% of Wall Street analysts rate Energen (EGN) as a “buy” and ~44% of analysts rate it as a “hold.” Around 4% rate the stock a “sell.”

    By Nicholas Chapman
  • uploads///WTI prices
    Macroeconomic Analysis

    Why Goldman Sachs Revised Its Crude Oil Price Forecast

    Goldman Sachs (GS) forecast that Brent crude oil prices could test $50 per barrel in 2H16 due to recent supply outages.

    By Gordon Kristopher
  • uploads///Gasoline inventories
    Energy & Utilities

    US Crude Oil Inventory Report Might Disappoint Traders

    An unexpected increase in US oil inventories pressured WTI oil (USO) (UCO) prices in post-settlement trade on November 28, 2017.

    By Gordon Kristopher
  • uploads///forcast
    Miscellaneous

    Analyzing Crude Oil Price Forecasts for 2Q17

    A market survey of 31 banks shows that US WTI crude oil prices could average $54.5 per barrel in 2Q17. In 2Q17, prices could break the February 2017 high.

    By Gordon Kristopher
  • uploads///p
    Energy & Utilities

    Are Oil-Weighted Stocks Outperforming Oil due to Tax Overhaul?

    Between February 11, 2016, and December 20, 2017, US crude oil active futures saw a gain of 121.6%.

    By Rabindra Samanta
  • uploads///USO chart  may
    Macroeconomic Analysis

    Crude Oil Prices Drop on Speculation of a US Shale Rebound

    WTI crude oil futures for June delivery declined slightly by 0.24% and closed at $59.25 per barrel on May 11. The EIA released the monthly drilling report yesterday.

    By Gordon Kristopher
  • uploads///image
    Miscellaneous

    Which Oil-Weighted Stocks Should You Consider?

    On February 6, 2017, WTI crude oil (USO) (OIIL) (USL) (SCO) March futures closed at $53.01 per barrel, which is ~1.5% lower than the previous closing price.

    By Rabindra Samanta
  • uploads///image
    Miscellaneous

    Will US Crude Oil Prices Outperform in 2H17?

    WTI crude oil (BNO) (PXI) (UCO) (XOP) prices have fallen 18% year-to-date. They have fallen 7% in the past year due to bearish drivers.

    By Gordon Kristopher
  • uploads///OPEC
    Miscellaneous

    OPEC’s Crude Oil Production: Key for Crude Oil Traders?

    A Bloomberg survey estimates that OPEC’s crude oil production rose by 315,000 bpd to 32.21 MMbpd in May 2017—compared to the previous month.

    By Gordon Kristopher
  • uploads///SM Q Post Analysts
    Earnings Report

    What Analysts Are Saying about SM Energy after Its 1Q16 Earnings

    Currently, ~33% of Wall Street analysts rate SM Energy (SM) as a “buy” and ~67% of analysts rate it as a “hold.” There is no “sell” recommendation on the stock.

    By Nicholas Chapman
  • uploads///OXY Q Pre Analysts
    Earnings Report

    What Are Wall Street Analysts Saying about Occidental Petroleum?

    Currently, ~48% of Wall Street analysts rate Occidental Petroleum (OXY) as a “buy” and ~41% of analysts rate it as a “hold.”

    By Nicholas Chapman
  • uploads///trade _
    Energy & Utilities

    The Big Push for Oil this Year

    Between September 14 and 21, US crude oil November futures rose 2.9% and closed at $70.78 per barrel. Let’s take a closer look.

    By Rabindra Samanta
  • uploads///MRO Q Post Analysts
    Earnings Report

    This Wall Street Target Price Indicates Upside for Marathon Oil

    Currently, ~54% of Wall Street analysts rate Marathon Oil (MRO) as a “buy” and ~43% of analysts rate it as a “hold.”

    By Nicholas Chapman
  • uploads///OIL
    Macroeconomic Analysis

    What Made Crude Oil Spike on Wednesday?

    Crude oil started Wednesday on a weaker note as the oil worker strike in Kuwait was called off. But later in the day, crude oil was supported by the better-than-expected US crude oil inventories report.

    By Val Kensington
  • uploads///zbynek burival  unsplash
    Energy & Utilities

    Can US Crude Oil’s Recovery Be Sustained?

    On June 11, US crude oil July futures rose 0.5% and settled at $66.10 per barrel.

    By Rabindra Samanta
  • uploads///correlation of oil weighted stocks
    Energy & Utilities

    Crude Oil Fell Again: What about Oil-Weighted Stocks?

    On July 11, 2016, US crude oil closed at $44.76 per barrel. That’s 1.4% below its previous closing price. That’s also 12.6% below its highest level for 2016.

    By Rabindra Samanta
  • uploads///p
    Energy & Utilities

    Global Oil Supply after the US Exits the Iran Nuclear Deal

    On May 10, the United States Oil ETF (USO) rose 0.3%. On May 3–10, US crude oil June futures rose 4.3%.

    By Rabindra Samanta
  • uploads///ANR
    Energy & Utilities

    A Look at E&P Stocks’ Rating Updates Last Week

    Carrizo Oil & Gas (CRZO) saw a target price cut by SunTrust Robinson Humphrey last week.

    By Kurt Gallon
  • uploads///cl price
    Macroeconomic Analysis

    Why Morgan Stanley Expects Crude Oil Prices to Trend even Lower

    As of the end of April, crude oil prices had rallied by almost 70% since the lows of February 2016. But prices were still ~60% lower than in June 2014.

    By Gordon Kristopher
  • uploads///image
    Energy & Utilities

    Why Oil Outdid Oil-Weighted Stocks in the Trailing Week

    Between July 17 and 24, 2017, our list of oil-weighted stocks on average dipped 2.4% compared to a 0.2% rise in US crude oil (USO)(DBO) September futures.

    By Rabindra Samanta
  • uploads///oil _
    Energy & Utilities

    Which Oil-Weighted Stocks Might Be Most Affected by OPEC Meeting?

    On December 5, US crude oil January futures fell 0.7% and closed at $52.89 per barrel.

    By Rabindra Samanta
  • uploads///WTI crude oil chart
    Macroeconomic Analysis

    Crude Oil Prices Follow a Long-Term Trend, Could Hit $25 per Barrel

    Crude oil prices have fallen almost 29% in 2016. Prices have fallen to 12-year lows. They’re following a long-term bearish trend.

    By Gordon Kristopher
  • uploads///oil
    Energy & Utilities

    Crude Oil Up on September 21 Due to Drop in Inventory Levels

    After posting moderate gains on Tuesday, September 20, crude oil prices inched higher on Wednesday, September 21, amid a drop in inventory levels. Crude oil prices also took support from the oil service workers’ strike in Norway.

    By Val Kensington
  • uploads///oil _
    Energy & Utilities

    Oil Might Feel Pressure from US-China Trade Talks on January 28

    Between January 18 and January 25, US crude oil March futures fell 0.6% and closed at $53.69 despite a fall in the US dollar.

    By Rabindra Samanta
  • uploads///Eia
    Macroeconomic Analysis

    Crude Oil Is Weaker Early on November 11 amid Supply Concerns

    At 5:10 AM EST on November 11, the WTI crude oil futures contract for December delivery was trading at $44.28 per barrel—a fall of ~0.85%.

    By Val Kensington
  • uploads///image
    Energy & Utilities

    Futures Spread: Oil Bulls Are Back

    On April 22, the US crude oil June 2019 futures closed ~$3.9 above the June 2020 futures.

    By Rabindra Samanta
  • uploads///oil producers
    Macroeconomic Analysis

    How OPEC and Non-OPEC Producers Affect Crude Oil Prices

    Crude oil (BNO) (PXI) (USL) (USO) (UCO) prices were up ~4% between December 7, 2016, and December 19, 2016.

    By Gordon Kristopher
  • uploads///oil producers
    Energy & Utilities

    Why Did Brent and WTI Crude Oil Prices Hit Monthly Lows?

    US benchmark WTI (West Texas Intermediate) crude oil futures contracts for May delivery fell by 3% and closed at $35.7 per barrel on April 4, 2016.

    By Gordon Kristopher
  • uploads///oil
    Macroeconomic Analysis

    Crude Oil Inched Higher ahead of the Brexit Vote

    After showing weakness on June 22 due to the disappointing inventory report, crude oil started Thursday on a positive note.

    By Val Kensington
  • uploads///baker
    Energy & Utilities

    Crude Oil Prices Were Weaker amid Mixed Sentiments

    Crude oil prices were weaker in the early morning trading hours of July 19 amid mixed sentiments.

    By Val Kensington
  • uploads///oil
    Energy & Utilities

    Crude Oil Remained Stable in the Early Morning on August 12

    After gaining more than 4% on August 11, crude oil prices remained stable at three-week high levels in the early morning hours on August 12.

    By Val Kensington
  • uploads///usdx and crude oil
    Macroeconomic Analysis

    Federal Reserve and OPEC Pressure Crude Oil Prices

    On December 14, the Federal Reserve reported that it would raise the interest rate by 25 basis points. As a result, the US Dollar Index appreciated by 0.7%.

    By Gordon Kristopher
  • uploads///image
    Energy & Utilities

    How Will EIA Data Impact Oil This Week?

    On May 8, the EIA (U.S. Energy Information Administration) is scheduled to announce last week’s US crude oil inventory data.

    By Rabindra Samanta
  • uploads///oil and price inventory
    Miscellaneous

    Near-Record US Crude Oil Inventory: Will Oil Blood Bath Continue?

    June WTI crude oil futures contracts fell 0.40% and were trading at $48.68 per barrel in electronic trade at 2:35 AM EST on May 2, 2017.

    By Gordon Kristopher
  • uploads///WTI prices
    Macroeconomic Analysis

    Oil Prices Passed $50—a Key Psychological Number

    US crude oil prices briefly breached the psychologically significant mark of $50 per barrel.

    By Gordon Kristopher
  • uploads///image
    Energy & Utilities

    EIA Inventory Data: Impact on Oil

    On April 24, the EIA (U.S. Energy Information Administration) is scheduled to announce last week’s US crude oil inventory data.

    By Rabindra Samanta
  • uploads///oil
    Energy & Utilities

    Crude Oil Pared Losses amid Output Freeze Speculations

    At 1:00 PM EST on September 20, the WTI crude oil futures contract for November delivery was trading at $43.8 per barrel—a fall of ~0.21%.

    By Val Kensington
  • uploads///oil _
    Energy & Utilities

    Oil-Weighted Stocks at Maximum Risk, Oil Declines

    On October 17, US crude oil November futures fell 3% and closed at $69.75 per barrel—below $70 for the first time since September 18.

    By Rabindra Samanta
  • uploads///image
    Miscellaneous

    Crude Oil Falling to $30? Which Oil-Weighted Stocks to Avoid

    On March 27, 2017, WTI (West Texas Intermediate) crude oil May futures closed at $47.73 per barrel, ~0.5% lower than their previous closing price.

    By Rabindra Samanta
  • uploads///Inventory and price
    Energy & Utilities

    Will the US Dollar and Inventories Impact Crude Oil Futures?

    March US crude oil (DBO) (UWT) futures contracts increased 1.8% to $65.61 per barrel on January 24, 2018.

    By Gordon Kristopher
  • uploads///image
    Energy & Utilities

    Futures Spread: OPEC’s Deal Might Not Impact Oil

    On December 10, the futures spread was at a discount of ~$1.4. On December 10–17, US crude oil February futures fell 2%.

    By Rabindra Samanta
  • uploads///image
    Energy & Utilities

    Oil Wasn’t the Only Catalyst for Oil-Weighted Stocks

    The high correlation indicates a stronger positive relationship between oil-weighted stocks and US crude oil prices.

    By Rabindra Samanta
  • uploads///oil _
    Energy & Utilities

    Will Oil Extend Its Gains following China’s Latest Data Release?

    Today at around 10:56 AM EDT, US crude oil May futures were $0.16 higher than their last closing price.

    By Rabindra Samanta
  • uploads///Loser
    Basic Materials

    Weakest Upstream Stocks in the Week Ending September 28

    Southwestern Energy (SWN) was the weakest upstream stock in the week ending September 28. Southwestern Energy fell 10.8% last week.

    By Kurt Gallon
  • uploads///p
    Energy & Utilities

    Upstream and Oilfield Services Stock Fell Last Week

    On December 7–14, upstream stock Carrizo Oil & Gas (CRZO) fell the most on our list of energy stocks.

    By Rabindra Samanta
  • uploads///OXY Q Pre Analysts
    Miscellaneous

    Understanding the Pre-Earnings Recommendations for Occidental Petroleum

    OXY’s recommendations include three “strong buys,” four “buys,” 16 “holds,” and two “sells.” There is currently no “strong sell” recommendation on the stock.

    By Nicholas Chapman
  • uploads///image
    Miscellaneous

    Oil’s Flip-Flop: Which Oil-Weighted Stocks to Track?

    Oil prices fell because of growing concerns about rising US crude oil production. The US oil rig count rose by 15 to 566 for the week ending on January 27.

    By Rabindra Samanta
  • uploads///libya
    Miscellaneous

    Libya’s Crude Oil Production Could Rise in June

    Reuters surveys estimate that Libya’s crude oil production rose by 180,000 bpd (barrels per day) to 730,000 bpd in May 2017—a three-year high.

    By Gordon Kristopher
  • uploads///oil production
    Macroeconomic Analysis

    OPEC versus US Crude Oil Production: Impact on Oil Prices

    March WTI (West Texas Intermediate) crude oil (XLE) (USL) (UCO) futures contracts fell 1.7% and closed at $52.93 per barrel on February 13, 2017.

    By Gordon Kristopher
  • uploads///Loser
    Energy & Utilities

    Weakest Upstream Stocks in the Week Ending October 5

    Ring Energy (REI) was the weakest upstream stock in the week ending October 5. Ring Energy fell 17.4% last week.

    By Kurt Gallon
  • uploads///us crude oil stocks
    Macroeconomic Analysis

    US Crude Oil Inventory Hit the Highest Level Ever: What’s Next?

    On April 13, the EIA released its weekly crude oil inventory report. The US crude oil inventory rose by 6.6 MMbbls to 536.5 MMbbls between April 1 and April 8.

    By Gordon Kristopher
  • uploads///gas demand
    Miscellaneous

    US Gasoline Demand: Bullish or Bearish for Oil Prices?

    The EIA (U.S. Energy Information Administration) estimated that four-week average US gasoline demand rose by 6,000 bpd to 9,317,000 bpd on April 7–14.

    By Gordon Kristopher
  • uploads///Russia
    Macroeconomic Analysis

    Will Russia’s Crude Oil Production Impact Crude Oil Prices?

    Russia is the largest crude oil producer in the world. Its crude oil production was flat at 11.1 MMbpd in February 2017—compared to the previous month.

    By Gordon Kristopher
  • uploads///MUR Q Pre Analysts
    Earnings Report

    What are Wall Street Analysts’ Ratings for Murphy Oil?

    Currently, ~79% of Wall Street analysts rate Murphy Oil (MUR) as a “hold” and ~21% of analysts rate it as a “sell.” There is no “buy” rating on the stock.

    By Nicholas Chapman
  • uploads///oil and price inventory
    Macroeconomic Analysis

    EIA’s Crude Oil Inventories Could Surprise Oil Traders

    On February 22, the API released its weekly crude oil inventory report. It reported that US crude oil inventories fell by 0.88 MMbbls from February 10–17.

    By Gordon Kristopher
  • uploads///oil and inventory
    Miscellaneous

    Will the EIA’s Crude Oil Inventories Support Crude Oil Bulls?

    On April 18, 2017, the API released its weekly crude oil inventory report. It reported that US crude oil inventories fell by 0.84 MMbbls from April 7–14.

    By Gordon Kristopher
  • uploads///oil producers
    Macroeconomic Analysis

    What to Expect from the Oil Producer Meeting in Doha

    Qatar has invited all the OPEC members and other major producers to a meeting on April 17, 2016.

    By Gordon Kristopher
  • uploads///correlation of oil weighted stocks
    Energy & Utilities

    Crude Oil’s Comeback: Analyzing Oil-Weighted Stocks

    On August 15, 2016, US crude oil (USO) (OIIL) (USL) (SCO) contracts for September delivery closed at $45.74 per barrel—2.8% above its previous closing price.

    By Rabindra Samanta
  • uploads///EOG Q Post Analysts
    Earnings Report

    EOG Resources’ Stock Price Reached This Target in 2Q16

    As of August 5, ~49% of Wall Street analysts rate EOG Resources as a “buy,” and ~49% of analysts rate it as a “hold.” About 2% rate the stock as a “sell.”

    By Nicholas Chapman
  • uploads///oil
    Macroeconomic Analysis

    Why Did Crude Oil Spike on Monday, October 10?

    After gaining for three straight trading weeks, crude oil prices spiked on Monday, October 10, following comments made by Russia’s president, Vladimir Putin. At the World Energy Congress in Istanbul, Putin stated that Russia is ready to join the oil output cut deal.

    By Val Kensington
  • uploads///WTI prices
    Energy & Utilities

    Major Banks Expect Crude Oil Prices to Trend Lower in 3Q16

    Barclays estimates that Brent crude oil prices will decline further in 3Q16 due to lower refinery margins and seasonal demand weakness.

    By Gordon Kristopher
  • uploads///refinery _
    Energy & Utilities

    Why Laredo Petroleum Is Surging Today

    Laredo Petroleum (LPI) stock is up more than 9% on strong volumes. The SPDR S&P Oil & Gas Exploration & Production ETF (XOP) is up ~1.5%.

    By Kurt Gallon
  • uploads///Crude oil price movement
    Macroeconomic Analysis

    US Dollar Hits Lowest in 8 Months and Supports Crude Oil Prices

    Crude oil prices have been on a roller coaster ride. WTI oil prices have rallied 52% since their lows from February 2016.

    By Gordon Kristopher
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