The past decade has been a roller coaster for oil prices, one that market participants have probably not much enjoyed riding (Figure 1). The period includes much volatility and two sharp crashes. One crash, in 2008, was …
Brookings Institution
Oil stocks have taken it on the chin in 2015. A global oil glut, weak consumer demand, record production from the U.S., a rising dollar and weaker corporate profits have hit oil stocks hard this year. Headlines have …
Expect
A bounce in oil prices and rising confidence in forecasts that the industry's supply glut will end heading into 2017 are luring speculative dollars back into U.S. exploration and field services stocks. "As oil prices rise, which we …
The Argentine government’s demands to take over the shares in Argentine oil firm YPF SOCIEDAD ANONIMA (NYSE/YPF), which is currently majority-owned by Spanish firm Repsol YPF, S.A. (Pink Sheets/REPYY), …
Oil
Down in the morning, crude oil staged a strong comeback to end higher on the session Wednesday, Feb. 24. U.S. stocks―also down in the morning―embarked on a furious comeback of their own to finish that day up. …
etf.com11mon
(Bloomberg) -- U.S. stocks climbed Tuesday as a rally in Freeport-McMoran Inc. led raw material stocks higher and oil prices advanced for a fourth day. The S&P 500 added 0.7 percent to 2,280.07 at 4 p.m. in New York, …
Freeport McMoran
OPEC is expected to decide this week whether or not it will make good on its commitment to cut and cap output in support of oil prices. If it does follow through and implement the agreement, prices could march …
Stock
The markets are reacting to the Organization of Petroleum Exporting Countries’ (OPEC) planned production reduction not just in oil price spikes, but stock prices, too—giving the deal the power to heal the oil and gas …
OPEC
At the beginning of the year, I recommended buying oil stocks, even while I observed it would take a hope and a prayer to get them moving higher. My prayers were answered: The energy sector has gained nearly 20% since …
Oil
Last week’s oil production cut announced by OPEC has really put in a solid floor for oil stocks. Some of the second tier and offshore drillers and exploration companies even saw their shares rally by 15% to 30% in just …
Wake