Several top U.S. oil stocks were in buy ranges Tuesday as crude oil prices rose amid OPEC+ production disruptions. X Diamondback Energy (FANG), EOG Resources (EOG), Pioneer Natural Resources (PXD), an...
Tag: Oil
Semiconductor Stocks Called ‘The New Oil’ Of The Economy
A Wall Street firm sees a “bumpy yet rewarding ride” for semiconductor stocks in 2022 and named Nvidia stock its top pick. X BofA Securities analyst Vivek Arya remains bullish on semicondu...
Oil Rides Into 2022 on Bullish Wave as Demand Fears Fade
(Bloomberg) — Oil has started off 2022 with a bang. Most Read from Bloomberg A market that was supposed to suffer a ballooning surplus instead surpassed $80 a barrel last week as global demand s...
Crude oil price prediction with the OPEC+ meeting in focus
Crude oil price is hovering below the psychologically crucial level of $80 per barrel, which has been the case since late last week. Investors are keen on the OPEC+ meeting scheduled for Tuesday. OPEC...
Venezuela Surprises Oil Markets With Large Production Increase
Despite decades of mismanagement, malfeasance and corruption, strict U.S. sanctions and crumbling energy infrastructure, Venezuela’s national oil company PDVSA has stunned observers by reporting a sig...
Exxon Could Go Even Bigger on Its Dividend
Text size David Paul Morris/Bloomberg Oil companies used to compete on how much crude they could produce. Now they’re competing on how much cash they can send back to investors. That dynamic could pay...