Scott Darling, Head of Oil & Gas Sector Research at Barclays gives his top picks in China's oil & gas sector and warns that the nation's shale gas revolution might be running late by almost a decade.» Read More
David Hewitt, Co-Head of Global Oil & Gas Equity Research, Credit Suisse told CNBC that rising Brent oil prices in the next couple of years will impact Sinopec's bottom line. He has slashed the company's 2014 net profit forecast by 58%.
China's fuel price hike in March, the biggest increase in 33 months, is still not enough to help Chinese refiners break even, said Scott Darling, Head of Oil & Gas Sector Research, Barclays Capital. He thinks another hike of around 3% is needed before the sector can reach profitability.
Take a look at some of Tuesday’s morning movers:
Energy deals may stay hot in 2012 as foreign companies cut U.S. deals to bolster their reserves and build new drilling skills.
Some companies haven't had the luxury to make acquisitions since the financial crisis and instead have been using ventures and business line fire sales to stabilize bleeding operations.
In an interview with Cramer, the executive responds to recent claims made against the nat gas industry.
With so many catalysts suggesting oil continues to march higher, the Fast traders reveal a slew of ways to position ahead of the move.
To learn more about the future of oil and natural gas in America, check out Cramer's interview with EOG Resources CEO Mark Papa.
A new drilling technique is opening up vast fields of previously out-of-reach oil in the western United States, helping reverse a two-decade decline in domestic production of crude.
1st paragraph of story should go here
"All the trading on Egypt happened last week," says Ben Willis of Sunrise Securities.
And how the U.S. can break its dependence on foreign oil.
Plus, get calls on the chipmakers and more.
Luckily, Wall Street refuses to believe. That’s your chance.
After China made a $2.2 billion investment in US natural gas, the traders game the space and possible trades off this energy choice.
Stocks edged higher at the close, with the Dow climbing back above 11,000 after a late session drop, amid thin holiday trading and ahead of a big week of earnings announcements. Boeing and JPMorgan rose, while DuPont and 3M fell.
Stocks turned mixed Monday amid quiet holiday trading as investors considered the next steps from the Federal Reserve and the release of several major earnings reports this week. DuPont and 3M fell, while Boeing and JPMorgan rose.
Stocks struggled for direction amid quiet holiday trading as investors considered the next steps from the Federal Reserve in the wake of a disappointing jobs report on Friday. 3M and Caterpillar fall, while JP Morgan rose.
Following are moves you might have missed. Find out why shares of RailAmerica and Intuitive Surgical popped while CNOOC and Baker Hughes dropped.
Plus, get calls on Internet video streaming, HMOs and more.