It's still ugly in the oil patch. The price of crude oil seems to have stabilized at around $30 per barrel, yet bankruptcies still loom and dividend cuts continue to cast a long shadow over the energy sector. Oil stocks are in a nasty bear market …
Assuming the 1960s sitcom "The Beverly Hillbillies" got a 2017 reboot, and good ol' Jed Clampett were to stumble on "a-bubbling crude," it's not a stretch to think he'd just mosey on by that oil and look instead for a smartphone prototype …
Oil prices have continued their rally in 2018, rising even further into the $60s. In fact, crude prices haven't been this high since December 2014. Several factors have fueled crude's rebound, including additional declines in both oil stockpiles …
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Oil & Natural Gas Corporation and ICICI Bank were trading as the laggards in the Sensex index. NEW DELHI: Shares of major oil marketing companies, including Hindustan Petroleum Corporation (down 1.06 per cent), Oil and Natural Gas …
Now that 2018 has begun, many investors have been contemplating how they want to be invested for this year and …
The plan, backed by the central bank, still needs approval by the finance ministry, but it would see the fund gradually divesting itself of oil and gas stocks over time. Currently, fossil fuel investments account for about 6 percent of the …
They typically moved in the same direction, and strategists were quick to cite a decline in oil prices as one major reason for any stock market weakness. For example, when stocks nosedived a year ago, on August 24, crude oil fell to a post …