The Latest Breaking News from Petroleum

Understanding Value Stocks

Marathon Petroleum's (NYSE:MPC) short percent of float has risen 11.11% since its last report. The company recently reported that it has 16.18 million shares sold short, which is 2.9% of all regular shares that are available for trading.

Nobel laureate Jose Ramos-Horta will be inaugurated on Friday as his country eyes new oil and gas development.

The prices of liquified petroleum gas (LPG) were increased by Rs 3.50 on Thursday. Read further on Dynamite News:

Woodside shareholders have backed the company's merger with BHP's petroleum arm, creating a new global heavyweight.

Their budgets might be rich for now with petroleum cash. But, if tackling climate change cuts into that, will they tax residents more — or reduce public services?

The latest round of 13F filings from institutional investors is out, revealing to the world the stocks that some of the richest and most successful investors have been buying and selling.

Egypt inaugurated on Monday comprehensive development projects at the factories of the Egyptian Petrochemical Company in Alexandria. Petroleum Minister Tarek el-Molla inaugurated the trial operation of the developed factories, including the chlorine plant and the new thermal cracking unit of the vinyl chloride monomer production plant. He stressed the sector's…

While most of the market has been mired in a brutal correction, energy stocks have had a very mild pullback. Investors should consider buying a high-quality energy stock like Ovintiv (OVV), Occidental Petroleum (OXY), and VAALCO Energy (EGY) as the underlying fundamentals keep improving.

Shares of small-cap penny stock Imperial Petroleum Inc (NASDAQ: IMPP) are trading higher by 16.82% at $0.78.

Within the last quarter, Marathon Petroleum (NYSE:MPC) has observed the following analyst ratings: