Oil Stocks: What’s Happening Oil prices are approaching their highest point in three years at $83.86 per barrel, recently rising 1.8%. With these types of increases, it’s hardly surprising that oil stocks would be starting off on a good note today. In fact, four primary American oil dri...
A rapidly changing AI industry and still-elevated inflation are among developments investors are facing this year. Kate StalterJan. 30, 2025 Oil Stocks Closely Tied to Crude Prices These oil stocks have the highest correlation to crude prices. ...
Perhaps an even bigger market event is the fact the benchmark oil price has slipped below $70. A barrel of Brent crude now costs $69.60 - a low not seen since early September as oil exporting states announced more production. UK stocks are down, with the FTSE 100 in...
While today's pop is certainly welcome news for investors, each company's stock is down significantly since the beginning of the year. What happens from here? Image source: Getty Images. So what The Motley Fool's Tyler Crowe has been all over the developments in the niche oil and gas ind...
Yet some individual companies had good news that sent their shares higher, andNewLink Genetics(NASDAQ: NLNK) ,Zumiez(NASDAQ: ZUMZ) , andEverest Re Group(NYSE: RE) were among the best performers on the day. Below, we'll look more closely at these stocks to tell you why they did so...
While the companies that buy imported products pay the tariffs on them—potentially bad news for oil refiners—few things are simple in the energy sector. Continue reading this article with a Barron’s subscription SUBSCRIBE NOW Trump Ramps Up Fight With Labor Unions in Ending TSA Worker Deal. ...
The Toyota fire was mainly due to several factors, including weakening yen, increased production and sales, and undervaluation of Japanese stocks. First, the weakening yen is a big plus for export-oriented Japanese companies like Toyota. Since most of Toyota's production costs are calculated in ...
Now is the time to buy cheap oil stocks like Shell and cheap gas like Gazprom. China has slowed its purchases of crude since it's storage is basically full, and there are VLCCs waiting to unload and threfore acting as floating storage. China's purchases at the low-price point were...
Refiners Would Pay Tariffs on Oil. Why Some Stocks Are Rising Anyway. By Avi Salzman Feb 03, 2025, 3:18 pm EST Reprints While the companies that buy imported products pay the tariffs on them—potentially bad news for oil refiners—few things are simple in the energy sector. Continue...
Oil Stocks React As Energy Nears Correction Territory Signs are pointing to a correction in the energy sector, notably theEnergy Select Sector SPDR Fund(NYSEARCA:XLE)down 9% from its March 12 high.Exxon Mobil(NYSE:XOM) is off 1.7% andChevron(NYSE:CVX) is down 1.5% ahead of Tuesday’s ...