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Zacks News
Oil & Gas Stock Roundup: Chevron's Norway Exit, Petrobras-Murphy JV & More
by Nilanjan Choudhury
Chevron (CVX) is selling its interests in Norway, while Petrobras (PBR) entered into a strategic joint venture with Murphy Oil Corporation (MUR) in the Gulf of Mexico.
Oil at 4-Year High as Iran Sanctions Offset Huge Stock Build
by Nilanjan Choudhury
Oil traders chose to overlook the largest weekly build of the year and were more concerned about the anticipated supply disruptions ahead of the U.S. sanctions on Iran's energy sector on Nov 4.
Why the Earnings Surprise Streak Could Continue for Valero Energy (VLO)
by Zacks Equity Research
Valero Energy (VLO) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Should You Invest in the iShares U.S. Oil & Gas Exploration & Production ETF (IEO)?
by Sweta Killa
Sector ETF report for IEO
EIA Reports Shock Inventory Increase on Lower Refinery Runs
by Nilanjan Choudhury
Output in the United States edged up by 100,000 barrels per day last week to 11.1 million barrels per day - the most since the EIA started maintaining weekly data in 1983.
Oil Slumps Despite Big Stock Draw, Fuel Supplies to Blame
by Nilanjan Choudhury
At 401.5 million barrels, current crude supplies are 13% below the year-ago level and the lowest since February 2015.
United States Sells 11M Oil Barrels to ExxonMobil, Others
by Zacks Equity Research
The crude sale by the Department of Energy comes ahead of Trump's new set of Iran sanctions.
The Zacks Analyst Blog Highlights: Petrobras, Enterprise Products, Marsh & McLennan, Carnival and Valero
by Zacks Equity Research
The Zacks Analyst Blog Highlights: Petrobras, Enterprise Products, Marsh & McLennan, Carnival and Valero
Top Analyst Reports for Petrobras, Enterprise Products and Marsh & McLennan
by Mark Vickery
Today's Research Daily features new research reports on 16 major stocks, including Petrobras (PBR), Enterprise Products Partners (EPD) and Marsh & McLennan (MMC)
Oil Finds Higher Ground After U.S. Crude Inventories Fall
by Nilanjan Choudhury
U.S. crude oil stockiles fell sharply last week as exports rose to an average of 1.78 million barrels per day, the Energy Information Administration said on Wednesday.