HSBC turns negative on oil stocks, downgrades Chevron to hold even as energy prices rise

Journalists are reflected in the sunglasses of drilling site manager Greg Murphy during a media day at Chevron's site in Pungesti, Romania, April 8,

2014.The challenges around climate and renewable energy appear to be outweighing higher oil prices for investors, and that dynamic will hold back stocks like

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Pro If you pay for CNBCpro you probably keep your money in a shoebox in your closet

Pro I’ll buy more on the dip. Pays a dividend. It’s not a pretty stock but you’ll won’t get without gas for any time soon.

Pro 🤦🏼‍♂️ Gas and oil stocks should be ”sell rated” everyday in the week so! 😏🤷🏼‍♂️

Pro wow

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Oil prices fall after unexpected rise in U.S. crude oil stocksOil prices fell on Thursday after an unexpected rise in U.S. crude oil inventories and as rising COVID-19 infections threaten demand, but prices held on to most of their gains from the previous session on expectations that supplies will remain tight through year-end. yeah, maybe 2 cents. still up 33% or more since trump left office DURING A PANDEMIC Nobody wants oil anymore this is terrible news
Source: Reuters - 🏆 2. / 97 Read more »

Oil retreats on surprise rise in U.S. stocks, weakening demand outlookOil prices fell on Wednesday after an industry report showed an unexpected build-up in U.S. oil inventories last week, which heightened worries about a resurgence in COVID-19 infections potentially dampening fuel demand. nice
Source: Reuters - 🏆 2. / 97 Read more »

The rising cost of natural gas is boosting the prices of these stocksNatural gas prices have hit new heights, thanks to hot weather and falling production. It’s good news for gas producers, as their margins and share prices rise.
Source: CNBC - 🏆 12. / 72 Read more »