Seeking Alpha reported that oil stocks such as Chesapeake Energy (NYSE:CHK), El Paso Corp. (NYSE:EP), Cabot Oil and Gas (NYSE:COG), Whiting Petroleum (NYSE: WLL),and Forest Oil (NYSE:FST) may be good for a short-term purchase or for the purpose of hedging.
Continue reading "Five Oil Stocks to Look Out For"
Wednesday, February 8, 2012
Business Week reported Statoil ASA's (NYSE:STO) fourth quarter profit more than doubled.
Continue reading "Statoil ASA’s Q4 Profit Rose to 25.5 Billion Kroner"
Wednesday, February 8, 2012
Bloomberg reported that oil rose 18 cents as U.S. supplies did not grow as expected last week.
Continue reading "Oil Rose 18 Cents as U.S. Supplies Did Not Grow as Expected"
Tuesday, February 7, 2012
Hinto Energy, Inc. (OTCQB:HENI) has acquired South Uintah Gas Properties, Inc.
Continue reading "Hinto Energy Acquires South Uintah Gas Properties"
Tuesday, February 7, 2012
Reuters reported that China is in the process of purchasing a bulk of crude oil supplies from top oil from Saudi Arabia and Iran.
Continue reading "China is the Top Buyer of Iranian and Saubi Arabian Oil"
Tuesday, February 7, 2012
Bloomberg reported that oil inched up 2 percent after dollar value fell.
Continue reading "Oil Rises 2 Percent on Weaker Dollar"
Monday, February 6, 2012
Tuscany Energy Ltd. (TSXV:TUS) reported exit production rate of 440 Boepd for December 2011.
Continue reading "Tuscany Energy Reports Exit Production Rate of 440 Boepd"
Monday, February 6, 2012
Bloomberg reported that oil rose 0.6 percent on speculation over international creditor's decision on a bailout for Greece.
Continue reading "Oil Rebounds 0.6 Percent"
Monday, February 6, 2012
Arctic Hunter Energy Inc. (TSXV:AHU) updated on exploration and production activities from its Blackfoot property in east central Alberta.
Friday, February 3, 2012
Iona Energy Inc. (TSXV:INA) entered into a binding agreement to acquire 58.73 % interest in Block 13/21a containing the West Wick oil field from Centrica Venture Production Company.
Continue reading "Iona Energy to Acquire West Wick From Centrica Venture"
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Wednesday, February 8, 2012