The weekly crude oil supply reports were released as usual at 9:30 am Central time this morning. The crude oil markets have been closely watched as the commodity flirts again with the recent highs around $61 per barrel. Here is the report from the Energy Information Administration (EIA). U.S. crude oil refinery inputs averaged 17.0 […]
Read Article
“Right now, fundamentally the demand constraints that’s going on…that is really overtaking all of the other risk headlines…unless something catastrophic happens..to me, the pressure is really, really on the downside.” Follow me on Twitter @CboeSib
Read Article
Chevron Corp. (Ticker: CVX) agreed to buy Anadarko Petroleum Corp. (Ticker: APC) in a $33 billion deal that adds U.S. shale oil and African liquefied natural gas and puts it in the top ranks of the world’s largest energy companies. See how we break down a deal like this that involves cash and stock by […]
Read Article
