The weekend attack on two of Saudi Arabia's main oil facilities sparked a rally in global prices for the commodity. Oil stocks are surging as investors are looking to capitalize on the expected tightening supply in the coming weeks. Credit Suisse published a list of companies who stand to benefit from a rise in prices, in order of whose cash flow per share would rise the most in the event oil prices jumped $5 per barrel.
The weekend attack on two of Saudi Arabia's main oil facilities sparked a rally in global prices for the commodity. Oil stocks are surging as investors are looking to capitalize on the expected tightening supply in the coming weeks. Credit Suisse published a list of companies who stand to benefit from a rise in prices, in order of whose cash flow per share would rise the most in the event oil prices jumped $5 per barrel.
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: CNBC - 🏆 12. / 72 Read more »