Oil and Natural Gas News
Saudi Aramco will pay 50% tax on earnings, down from 85%, clearing headroom for would be investors to secure returns following the planned IPO of a 5% stake next year.
The Houston oilfield services provider's will report earnings on April 25. Be careful, optimists.
Oil producers added 21 rigs week-over-week, while gas producers took two rigs offline. Meanwhile, Canadian producers took an astounding 91 rigs offline in the past week.
Gold prices and gold producers were a rare bright spot amid a wider sell off in Europe on Wednesday
Lower oil could be a driver of higher gold said Mike McGlone of Bloomberg Intelligence.
Dan Dicker on Oil
Neither candidate has made natural gas a cornerstone of a new and necessary energy policy.
This is where the money will be made over the next several years.
For us here in the U.S., the likely dissent in the upcoming OPEC meetings will be a good thing.
Thinking of entering the energy sector? These drilling companies represent a great place to start.
Just in case you're clinging to old investing concepts, be particularly aware of these dramatic recent shifts.
As oil and gas prices went through the roof, where did the money go?
Sure, crude oil prices have taken a tumble recently, but hopes for a continued decline are overrated.
Prices for crude oil for delivery in 2015 point to a disturbing truth.
Saudi Arabia is doing everything it can to cool overheated crude oil prices. But its efforts are unlikely to derail a market that is trending strongly higher.
Dan Dicker urges readers to call their representatives in Congress to push for the passage of a natural gas bill that is up for a vote today.