oil companies

In its interim earnings update yesterday, Chevron (CVX) said that its second-quarter earnings from pumping oil will be better than the first quarter, when low crude and natural-gas prices contributed to the company's poor quarterly results. That said, CVX stated that second-quarter earnings from...

The AP makes a good case that, because oil rich nations need capital due to the low price of crude, large oil companies may have leverage to get contracts that give them better deals for drilling and refining. The news agency writes, "Experts say Western oil corporations, who stockpiled cash when...

Investors should heed the advice of energy traders: tread carefully, if you're considering an oil stock or an oil-related play. Oil, which plunged another $3.03 to $34.03 per barrel Tuesday at mid-day amid concerns of a deepening recession in Western and Eastern Europe, is a market in search of a...