Oil prices are at 10-month highs. Here's what Cramer thinks it means for two energy stocks

📆 13/09/2023 21:41:00

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West Texas Intermediate crude, the U.S. oil benchmark, has jumped 32% since its lows of the summer, to nearly $89 a barrel.

Oil prices are hovering around 10-month highs, as a stout summer rally extends into the fall and delivers additional gains for the Club's energy stocks, Pioneer Natural Resources and Coterra Energy . And Jim Cramer believes it's not too late to buy either of them. West Texas Intermediate crude, the U.S. oil benchmark, has jumped 32% since its lows of the summer on June 12, to nearly $89 a barrel. Meanwhile, global oil standard Brent crude has climbed 28%, to around $92 a barrel.

Oil prices are hovering around 10-month highs, as a stout summer rally extends into the fall and delivers additional gains for the Club's energy stocks,

📆 13/09/2023 21:41:00
📰 CNBC

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