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 …
After two weeks of fairly steady gains, crude oil lost a step this week. After gaining 11% from May 9-May 23, Brent crude futures have fallen 4%, from over $54 to $52 at the close on May 26. The big driver this week has been relatively mixed …
Norway's trillion-dollar sovereign wealth fund is proposing to drop oil and gas companies from its benchmark index, which would mean cutting its investments in those companies, the deputy central bank chief supervising the fund told …
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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 …
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 …
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 …
Norway’s central bank recommended today that the nation’s giant sovereign wealth fund should dump its holdings of oil and gas stocks, which make up about 6% of the fund’s benchmark equity index, worth a whopping $37 billion in assets. …
To start this week stocks are rallying, with the major indexes up more than 1% — and crude-oil prices are also surging, gaining 5% and trading back above $33 a barrel. The positive relationship between crude oil and stock prices is not …
Oil prices have climbed 45% in the last 12 months, and we see them going even higher in 2017. In fact, Money Morning Global Energy Strategist Dr. Kent Moors sees oil prices going nearly 20% higher in 2017, too. And owning the right oil