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MarketBeat
MarketBeat
Business
Gabriel Osorio-Mazilli

Oil’s Rally Could Boost These 3 Shipping Stocks

Plenty of vertical industries will see increases in volatility when and if oil prices begin to move away from the cyclical lows they currently trade at. While some investors might see volatility as potentially dangerous, those who have been in the stock market long enough understand that volatility allows money to be made as long as the original idea behind a trade is sound enough.

Today, there are plenty of tailwinds behind oil and the rest of the energy sector. These tailwinds could send oil prices back to levels not seen since 2022. One of the main factors for a bullish oil case is that the United States Federal Reserve (the Fed) has started to cut interest rates along with other major central banks worldwide.

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