Oil surge boosts energy stocks – five experts weigh in (via TradingNation)
surged 4% to begin the week after a drone strike on a Saudi oil facility squeezed global supplies.James Camp, managing director of strategic income at Eagle Asset Management, said this spike in oil prices could be short-lived.
Kevin Book, managing director of research at ClearView Energy Partners, said it could take time for oil markets to stabilize. Jason Hunter, head of U.S. equity technical strategy at J.P. Morgan, said this could give the rotation into value even more strength.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Saudi Officials Say Oil Production to Return to Normal Levels by MondaySaudi Arabia said it would return to normal levels of oil production by Monday, as officials sought to reassure world markets after a drone attack Saturday prompted the kingdom to cut its crude production in half.
Baca lebih lajut »
Saudi Arabia Aims to Restore a Third of Lost Oil Output MondaySaudi Arabia’s national oil company expects to restore roughly a third of crude output disrupted due to a weekend attack by day’s end on Monday, Saudi officials said, a step back from earlier hopes that it could quickly resume full production by the start of the week.
Baca lebih lajut »
Energy prices spike after Saudi oil attack, US blaming IranGlobal energy prices spike after weekend attack on key oil facilities in Saudi Arabia caused worst disruption to world supplies on record.
Baca lebih lajut »
U.S. energy secretary says oil market robust after attack on Saudi plantsThe oil market is resilient and will react positively to the attack on Saudi Ara...
Baca lebih lajut »
Energy prices spike after Saudi oil attack, U.S. blaming IranGlobal energy prices spiked on Monday after a weekend attack on key oil facilities in Saudi Arabia caused the worst disruption to world supplies on record, an assault for which President Donald Trump warned that the U.S. was 'locked and loaded' to respond.
Baca lebih lajut »