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1 day ago · Shipping companies might not be the only ones facing higher costs. In 2020, Transport Canada reported that fuel price increases caused by the heavy fuel oil ban could increase expenditures in Nunavut by up to $679 per household as community resupply products become more expensive.
3 days ago · If we are indeed as short crude supply as my models suggest for 2021, oil prices won’t go from $45 to $50 and stay there. They will go from $45 to $50, and then keep going to $60, $65 or maybe $70 and even higher.
5 days ago · The earnings for companies in the Oil and Gas industry have grown 33% per year over the last three years. Revenues for these companies have grown 16% per year. This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
3 days ago · Crude oil prices moved higher today after the U.S. Energy Information Administration reported an inventory decline of 12.2 million barrels for the week to June 28.
4 days ago · You can use Barchart's Top Oil Stocks list to find investment opportunities and compare stocks involved in this volatile industry. Each stock shows the company description, along with key statistics and a link to view the entire Profile.
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5 days ago · Oil prices rose on Monday, helped by expected peak summer consumption and OPEC+ production cuts, though gains were capped by rising output from other producers and the potential for economic...