This week has seen crude oil take its cues from equity markets, which are in turn taking their cues from U.S. corporate earnings announcements. Our petroleum inventory, supply, and demand charts now i...
Tack on a new and unreported dimension to British Petroleum's catastrophic oil spill in the Gulf of Mexico, a recently initiated investigation by the Securities and Exchange Commission into the trading...
The Department of Energy reported that in the week ending July 9, 2010, U.S. crude oil inventories decreased by 5.1 million barrels, gasoline inventories increased by 1.6 million barrels, distillate i...
Whitney Tilson Many people know about the semi-annual Value Investing Congress organized by Whitney Tilson that takes place in California, and New York. However, few people know about the value inves...
We are upgrading China Petroleum & Chemical Corp., or Sinopec (NYSE:SNP) to Outperform from Neutral. An increasing trend in production and sales volumes could result in 2010 being a high-profit ye...
We recently retained our Neutral recommendation on Petroleo Brasileiro S.A. (NYSE:PBR), or Petrobras S.A. Petrobras, being Latin America’s largest publicly-traded oil company, dominates Brazil’s o...
The Consumer Prices Index (CPI) eased from 3.4pc to an expected 3.2pc, after prices rose just 0.1pc on the month, data from the Office for National Statistics showed.20 Vote(s) ...
Reports said BP (NYSE:BP) is working on a plan to cap the spill as early as July 27, but noted it could be “unlikely” Wells Fargo (NYSE:WFC) plans to cut 3,800 jobs and close i...
Inventories The Department of Energy reported that in the week ending July 2, 2010, U.S. crude oil inventories decreased by 5 million barrels, gasoline inventories increased by 1.3 million barrels, di...
UK CPI inflation is expected to moderate further in June to a 3.1% annual rate, from the multi-month high scored in April, due to a downward drag from petrol prices, as well as excess slack built up i...