Last month, Norway’s $1 trillion pension fund announced plans to drop oil and gas stocks from its core benchmark stock portfolio. The move was of note because it served as an important acknowledgement by a major institutional investor …
Today, we've found the best oil stocks to buy to help you profit from rising oil prices. You see, Money Morning Global Energy Strategist Dr. Kent Moors says oil prices could climb 20% higher in 2017. And the oil stocks we've picked …
The market has grown to believe in shale oil as a price peak-shaving force. Perceived stock values have been impacted as a result. Some E&P stocks may never recover to their peaks at the end of last year, even under relatively favorable …
Call it a "crude awakening." Energy stocks plunged Friday after OPEC announced no cuts in production, a decision that sent oil prices crashing to their lowest levels since May 2010. Shares of Dow components Exxon Mobil (XOM) and …
Has oil bottomed out yet and what would the picture in the Middle East look like if it has? Oppenheimer suggests that there will be an increased wave of mergers and acquisitions (M&A) among other things. Companies looking to benefit …
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 …
Crude oil and stocks used to have a tight relationship. 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
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 …
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 …