The Latest Breaking News from OPEC

This Week's Top 3 Energy Stock Gainers

Fueled by solid demand forecasts and elevated geopolitical tensions in the Middle East, the prevailing energy sector’s landscape appears promising. In such a scenario, it might be an opportune time to scoop up the shares of three top-notch energy companies, ChampionX Corp (CHX), CVR Energy (CVI), and Precision Drilling Corp…

StockNews.com · Feb 6, 2024

Buy, Sell, or Hold? Analyzing 3 Oil & Gas Picks

Despite the ongoing shift from fossil fuels to renewables, the oil and gas industry is unlikely to experience a slowdown in demand; in fact, oil and gas demand is projected to grow substantially in the long term. Therefore, lets analyze oil and gas stocks CrossAmerica Partners (CAPL), Tourmaline Oil (TRMLF)…

StockNews.com · Feb 6, 2024

Add These 3 Energy Stocks to Your Portfolio Now

The energy sector’s outlook appears promising, buoyed by increased global energy demand amid population growth, industrialization, and economic development. Therefore, fundamentally strong energy stocks TotalEnergies (TTE), ChampionX (CHX) and Profire Energy (PFIE) might be ideal additions to your portfolio. Read on.

StockNews.com · Feb 6, 2024

Moves for Investors Ahead of XOM and CVX Earnings Reports

Energy giants Chevron (CVX) and Exxon Mobil (XOM) are scheduled to release their fourth-quarter financials on February 2. We assess the two energy giants’ fundamentals to determine how investors should position themselves before their numbers are reported. Read on….

StockNews.com · Jan 30, 2024

Saudi Arabia surprises oil markets by ditching plan to increase production

Blow to Joe Biden, who had hoped to benefit from lower pump prices in an election year

The Guardian - UK · Jan 30, 2024

Crude Settles Higher on Dollar Weakness and Energy Demand Optimism

March WTI crude oil (CLH24 ) on Wednesday closed up +0.72 (+0.97%), and Mar RBOB gasoline (RBH24 ) closed up +0.56 (+0.25%). Crude oil and gasoline prices on Wednesday posted moderate gains, with crude climbing to a 4-week high. Wednesday's decline in the dollar index to a 1-week low supported...

Barchart · Jan 24, 2024

Which of These 3 Energy Stocks Should You Buy for Gains?

Constrained supplies due to geopolitical unrest and production cuts coupled with growing oil and gas demand worldwide could drive prices higher, benefitting the energy sector. Amid this, let’s determine if you should buy energy stocks Koninklijke Vopak (VOPKY), USA Compression Partners (USAC), and Solaris Oilfield (SOI) for gains. Read more….

StockNews.com · Jan 24, 2024

Crude Oil Closes Lower on a Stronger Dollar

March WTI crude oil (CLH24 ) on Tuesday closed down -0.39 (-0.52%), and Mar RBOB gasoline (RBH24 ) closed down -2.75 (-1.22%). Crude oil and gasoline prices on Tuesday gave up an early advance and posted moderate losses as a rally in the dollar index (DXY00 ) to a 1-1/4...

Barchart · Jan 23, 2024

3 Hot Energy Stocks to Bolster Your Portfolio

Oil prices could witness a potential elevation in the near future owing to OPEC's projected surge in global oil demand and concurrent geopolitical conflicts. To capitalize on this, one could invest in robust energy stocks Weatherford International (WFRD), ChampionX (CHX), and Geospace Technologies (GEOS) for solid returns. Read on….

StockNews.com · Jan 23, 2024

3 Buy-Rated Energy Gems Driving Profits

Despite the transition to cleaner energy sources, the demand for oil and gas is expected to remain steady, driven by the fast-rebounding Chinese economy, geopolitical conflicts, and the Fed’s expected interest rate cuts. Hence, it could be wise to buy fundamentally strong energy stocks Valero (VLO), NGL Energy (NGL), and…

StockNews.com · Jan 23, 2024