Shares of BP plc (NYSE:BP) resumed their downward trend in recent weeks. One of the reasons for company’s decline may have been related to the tumble in the price of oil. But the main issue continues to be the lawsuits BP…
The price of oil continues to fall and within two months it declined by nearly $20. This downward trend continues. At the same time, the leading energy companies including Mobil Corporation (NYSE: XOM) and Chevron Corporation (NYSE: CVX) didn’t seem…
The price of oil is starting to pick up again but natural gas is resuming its descent. In the mean time Chesapeake Energy Corporation (CHK) might be on a verge of selling its pipeline to finance its funding problems; Exxon…
There has been a lot of hype of the recent recovery of natural gas prices and by extension the rise in United States Natural Gas (UNG). Will this rally help boost the stock of Exxon Mobil Corporation (XOM)? I think…