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Can Oil Giants Play The Long Game?
Tuesday, August 11, 2020 - 10:44am | 1028Over the last few years, the performance of the energy sector has been among the worst. It fell 45% over the last half of a decade whereas the S&P rose 59% over the same period. If we specifically look at oil, there is the supply and demand side to consider. Forecasts say there's probably...
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The End Of The Oil Era?
Friday, March 13, 2020 - 10:22am | 854Russia and Saudi Arabia clashed over the oil price, both trying to keep or increase their share in the market. The coronavirus outbreak was at least the official beginning of the conflict. As millions of people are in quarantine, and traveling is reduced to a minimum, oil has faced a sharp decrease...
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What's Happening To Oil Prices?
Thursday, February 5, 2015 - 12:10pm | 524Want an edge on the markets? Try this. Get real-time, award-winning market intelligence on indicators like the price of oil from a Macro Insider. Investors have been cautiously watching oil prices rise over the past week, wondering whether or not prices finally hit rock bottom and if this...
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Chevron Cash Reserves Spark Acquisition Speculation
Thursday, December 6, 2012 - 10:51am | 472Chevron Corporation (NYSE: CVX), the world's fourth largest energy company, reported decreased oil and natural gas production in the third quarter, the lowest levels for the company since 2008. Last month, the company reported pumping 3.2 percent less oil for the third quarter compared to the same...