Sentences with phrase «many oil stocks»

In addition to the underperformance from the energy sector after U.S. military strikes in the Mideast, big oil stocks like Exxon Mobil and Chevron, which have a longer history than the ETFs, as well as the price of crude oil, have also trailed the market.

Oil stocks closed lower on Wednesday on news that the U.S. President Barack Obama had banned a new oil drilling in Alaska forever.

Basic resources jumped 1.22 percent as a sector, supported by an uptick in metal prices, while oil stocks fell as investors doubt that the recent rally in prices will last.

Barron's calling Shell «the best big oil stock for investors,» saying shares could rise more than 20 % this year.

Add to that increasing demand from China, and the long - term outlook for oil stocks looks good.

«Even though oil stocks are fore ¬ cast to draw this year, non-OPEC growth supply will still exceed the growth in global oil demand.

Helima Croft, global head of commodity strategy at RBC Capital Markets, discusses the four countries cutting diplomatic ties with Qatar and how it will affect the oil stocks.

Then a parade of horribleness ensued when four gut - punches took the market down, making the «Mad Money» host even more inclined to warn investors to stay away from oil stocks.

May 2 (Reuters)- U.S. crude oil stocks rose sharply last week, bringing overall supply to its highest level since December, and gasoline inventories also rose, the Energy Information Administration said on Wednesday.

Oil stocks have suffered alongside oil bulls that had bet on significantly higher oil prices, but, according to the experts who spoke to CNBC, now may be a good time to invest in the energy sector.

Since the beginning of the year, the oil stocks have underperformed the broader market indices both in the U.S. and in Europe.

Oil stocks have been performing dismally this year, and oil prices have failed to sustain a rally, so why are these stocks still attractive?

Every week, the EIA releases a report detailing crude flows and oil stock levels in each of the nation's Petroleum Administration for Defense Districts, or PADDs, of which there are five: New England (PADD 1), Midwest (2), Gulf Coast (3), Rocky Mountain (4) and West Coast (5).

The International Energy Agency that previously warned of lower for longer oil prices and warned last year that the oil price recovery was threatened by the possibility of weak demand now has changed its tune and is now saying that it is «mission accomplished» for OPEC as oil stocks shrink at a record pace.

One way of looking at it I suppose, to make oneself feel better about oneself's plummeting oil stocks.

While that rally provided lots of fuel for oil stocks, it was not the only catalyst driving this week's biggest movers.

Up until recently oil stocks have been about playing / gaming some type of normalization from the 2014 - 15 crash.

Obviously I wouldn't want REITs and oil stocks to continue to make up such a large percentage of my portfolio once I'm actually ready to retire early.

It is Baytex Energy's low growth rate versus its peers that could cause its stock to underperform other oil stocks in 2017.

Global oil prices, though, bottomed out last winter and the ensuing partial rebound in the crude market helped to restore support for oil stocks.

With the price of oil dropping lately, and sending all the major oil stocks down with it (anyone else see the crazy swings on oil stock prices on Black Friday?)

Latest case in point comes from a NY Times report that de Blasio is trying to strong - arm trustees of NYC employee pension funds — who are supposed to be fiduciaries of their beneficiaries, not mayoral rubber stamps — into divesting from oil stocks:

U.S. crude oil stocks rose sharply last week, bringing overall supply to its highest level since December, and gasoline inventories also rose, the Energy Information Administration said on Wednesday.

OPEC, for its part, said last week that commercial oil stocks in the OECD have dropped by 168 million barrels since the beginning of the year, but 170 million barrels of stock overhang still weighs on the market.

While OPEC failed to deliver to the market any surprises after its OPEC meet in Vienna last week, Turkey's threat to choke off Kurdish oil exports — along with the gradual acceptance that commercial oil stocks are indeed dwindling — seem to be the catalysts this week that is propping up oil prices.

«Commercial oil stocks in the OECD fell further in August and the difference to the latest five - year average has been reduced by 168 million barrels since the beginning of this year; however, there remains another 170 million barrels of stock overhang to be depleted.

In the month to end - September, the International Energy Agency (IEA) and OPEC issued reports suggesting that the global commercial oil stocks have been diminishing, while oil demand growth is strong and expected to stay that way.

«Commercial oil stocks in the OECD fell further in August and the difference to the latest five - year average has been reduced by 168 million barrels since the beginning of this year, however, there remains another 170 million barrels of stock overhang to be depleted,» OPEC said at the end of last month.

This weighed on oil stocks, with Cobalt International Energy (NYSE: CIE), California Resources Corp. (NYSE: CRC), SM Energy (NYSE: SM), and Sanchez Energy Corp. (NYSE: SN) pacing producers lower this week, each dropping double digits according to data from S&P Global Market Intelligence.

That's stirring up some volatility in the sector, with debt - heavy oil stocks being hardest hit.

In my last two columns for Oilprice.com premium subscribers, I was first very clear in the opportunity I thought I saw coming in oil stocks.

All of this led me to believe that we were seeing a unique moment to get some quality oil stocks at value prices.

Despite the conflicting data, oil is under renewed pressure, which is weighing on oil stocks.

Under the first scenario, global oil stocks would rise by 109 million barrels for the year.

Crude oil stocks in Cushing showed a strong build but total U.S. crude oil stocks declined.

Many traders these days are standing in line to buy oil stocks — and for good reason.

An interesting data situation has arisen around oil and in the sector sentiment, especially with regard to automobiles and oil stocks.

As shown in the table below the API reported U.S. crude oil stocks decreased by 0.8 million barrels with Cushing inventories increased by about 1.4 million bbls on the week.

The API released its data late Tuesday afternoon showing a draw in both total crude oil stocks and gasoline and a small build in distillate fuel inventories.

That said, crude's drop was what that drove oil stocks down this week.

I am expecting a draw in crude oil stocks and a build in refined product inventories.

That, in a nutshell, is why people want to get into oil stocks and why many portfolios have at least one oil - based asset.

If you want to profit passively through dividends, there are several oil stocks that could work for your strategy.

What I can say is this: For far too many investors, by the time they gain back the confidence to put money into oil stocks again, the rally might have already taken off, making it challenging to capture the full benefit of the upswing.

That has heightened the volatility in the market, causing investors to sell oil stocks off on any hint of bad news, whether oil - price - related or due to company - specific events.

You can also choose to invest in oil mutual funds, which feature a combination of oil stocks and bonds.

The global oil stocks surplus is close to evaporating, OPEC said on Thursday, citing healthy energy demand and its own supply cuts while revising up its forecast for production from Continue Reading

However, all that spending is starting to come back to bite the sector, since it has unleashed a flood of new oil that's pushing down prices and taking oil stocks with it.

ant to address one of the more insightful questions that I have received about oil stock investing.

The decline of my weighted average DGR is mostly due to the oil stocks (they didn't raise there dividend) and the weight of the European stocks in my Vrijheid Fonds.