Oil surge boosts energy stocks – five experts weigh in

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.

TradingNation something on your mind?

Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

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... Does anyone else think that this attack could have been staged to force the US to go to war And the three departments I want to cut are... wait, who am I? Same thing they said about my Grandmother after her 4TH stroke.
Herkunft: Reuters - 🏆 2. / 97 Weiterlesen »