Posting its third quarterly gain in a row, oil prices ended March 2017 up nearly 8% year to date. The commodity got off to a strong start this year with the West Texas Intermediate (WTI) crude futures climbing 7.1% in January. Though the …
I’ve commented for weeks upon the disconnect that continues between the price of oil and the prices of oil stocks. In the past, you could set your clock based upon the correlation between oil and oil stocks, and my successful trading career …
Oil marketing companies are in a sticky situation -- HPCL, IOC and BPCL have all failed to keep their charm for investors in 2017-18. Reason? Rising crude prices are seen as the culprit. On Tuesday, crude pushed higher on worries of supply …
With West Texas Intermediate crude oil putting in another strong day, a gain of more than $2 per barrel has put the …
New York City's five pension funds, which are worth $186 billion, would do well to follow Norway's example. The city's fund managers have been slow to recognize the rising risk in oil and gas stock, which are no longer the investment they …
The news in the energy markets is very intense indeed – although for an oil stock investor, nothing seems to matter much – but more on that later. First, the news. There was a turnover in the U.S. Secretary of State. Former Exxon CEO Rex …
It seemed like every day in 2017 was full of despair for oil investors, as morning after morning went by with oil prices stubbornly stuck around $50/barrel. Then, toward the end of the year, prices began rising, and with it, hopes for -- finally!
2017 was a fantastic year for oil refiners. Many of the large- and mid-cap U.S. refiners, including Marathon Petroleum (NYSE: MPC), Valero Energy (NYSE: VLO), and Andeavor (NYSE: ANDV), saw their shares rise more than 30%. …
Buying in select pharma, FMCG, auto and oil & gas stocks were giving the bourses some strength. NEW DELHI: Going against the negative trend of broader markets, oil & gas stocks were trading with gains during the early trade on Friday …
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 …