|Day Low/High||52.28 / 53.54|
|52 Wk Low/High||26.06 / 74.11|
WTI Crude oil prices gain, holding above $100 a barrel, as a stronger-than-expected winter continues to push up demand.
MLV & Co. senior energy analyst Michael Peterson says it's important to remember weather events are regional, and despite the Northeast United States' extreme cold, the recent inventories report shows that crude is a global trade.
Paramount Options President Ray Carbone says WTI crude oil prices could be stuck in a $92 to $100 a barrel trading range for the next few weeks.
Competitors are finding huge energy resources in the Utica shale.
Exxon Mobil says sluggish production of crude oil and natural gas are hurting the bottom line.
Independent Energy Trader Cindy Wexler says Wednesday's dip in oil prices could be worse, but a massive draw in distillates offset a further drop.
Marathon Petroleum, Hess Corporation and Phillips 66 beat Wall Street earnings estimates but pointed to larger concerns of falling profitability in the commodities sector.
Crude oil inventories drew 7.7 million barrels for the week ended Jan. 10 which was far more than analysts' expectations of a 673,000 barrel drawdown.
Energy analysts warn that the return of Libyan and Iranian oil could disrupt the global oil market.
Crude inventories fell more than analysts expected while distillate inventories grew, despite the record cold temperatures sweeping the United States.
Stocks that are laggards one year can be market outperformers the next.
Despite the market's lofty heights, a number of Dow names are poised to go even higher.
Paramount Options President Ray Carbone tells TheStreet's Joe Deaux Wednesday's Fed statement could give crude a jolt in either direction.
Here's a whole new crop of stocks that I think can beat next year's market.
Prices at the pump are high but not at panic levels, and the industry is generally doing well.
Apple's earnings will be in the spotlight on Monday, kicking off a busy week of quarterly reports.
This sector is a rare bright spot in the tepid economic recovery.
The Brent-WTI oil spread is widening, and the move won't end soon. TheStreet's Dan Dicker tells Joe Deaux why you can't ignore it.
Jim Cramer and Dan Dicker debate the relative merits of oil companies Hess and Pioneer Natural Resources.
If the government defaults, oil would see catastrophic drops similar to 2008, Dan Dicker tells TheStreet's Joe Deaux.