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After months and months of spectacular earnings and record profits, Chevron expects to see a significant drop in earnings for the fourth quarter.
From Reuters:
Because market conditions had changed significantly, Chevron delayed the unveiling of 2009 capital spending plans until later this month from December. It …

T. Boone Pickens, while I would rather not revisit that name, the recent news that he thinks that oil will surge back up to $100 a barrel in 2010 grabbed my attention, because I think he only made the announcement to gain attention again.
When oil …

As many of you have probably realized, I am the only current blog writer on this site. I’m sure that this isn’t going to be the place where you find out what oil is doing from day to day (at least not yet), but the …

When watching oil prices it is a struggle between the economic outlook and other external factors. Yesterday the violence between Israel and Hamas caused oil to jump because of fears of output and exporting problems, but today it fell because of a “grim economic outlook.”
With …

Santa brought a little gift to investors on Christmas eve; an end to the five day losing streak in the market.
Christmas Eve is a quiet trading day on Wall Street, but it was enough to increase the Dow Jones Industrial average by half a point. …