While heartened by the bounce in oil prices after the multi-decade lows reached early in the year, any significant further
rally in energy prices would seem to us to require a far more vibrant global economy.
Not exact matches
This year's
rally in oil
prices has supported BP and its
energy peers.
NEW YORK (AP)-- The latest on developments
in global financial markets (all times local): 4:00 p.m. Technology and consumer stocks pulled the broader market slightly lower, even as
energy stocks
rallied along with the
price of oil.
Pickens was on Fox Business News Friday to discuss what's driving the
rally in crude and why America should use this opportunity of lower
energy prices to its advantage.
The recent oil
price rally has pushed the
energy sector upward
in both the equity and bond markets.
Energy products «have staged pretty healthy
rallies, like 10 percent of their
price over the last two or three weeks, but they all have still relatively weak fundamentals, and the same is true
in the base metals,» Christian said.
The recent oil
price rally has pushed the
energy sector upward
in both the equity and bond markets.
Canadian homebuilders deny market headed for meltdown • TSX +51.40 pts (Reuters) for a 5th straight session, supported by rising
energy shares, which climbed along with oil
prices, and by a
rally in financials.
• TSX +51.40 pts (Reuters) for a 5th straight session, supported by rising
energy shares, which climbed along with oil
prices, and by a
rally in financials.