The Latest Breaking News from OPEC

March WTI crude oil (CLH24 ) on Tuesday closed up +0.53 (+0.73%), and Mar RBOB gasoline (RBH24 ) closed up +0.81 (+0.37%). Crude oil and gasoline prices on Tuesday posted moderate gains. A weaker dollar Tuesday was supportive of energy prices. Also, ongoing geopolitical risks in the Middle East are...

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…

The energy sector continues to demonstrate resilience, buoyed by escalating geopolitical tensions, steadfast demand, and deliberate production cuts. In such a scenario, which energy stock, Occidental Petroleum Corp (OXY) or Valero Energy Corp (VLO), is better positioned to thrive? Let’s find out….

Read about how oil prices have been impacted by the slowing Chinese economy. Discover why this economic downturn has resulted in a dip in oil prices.

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….

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

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...

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….

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...