News Formal

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

  • 📰 CNBC
  • ⏱ Reading Time:
  • 9 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 72%

United States News News

United States United States Latest News,United States United States Headlines

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,

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in US
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

United States United States Latest News, United States United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Jim Cramer says this software stock is a buy here after earnings-driven declineThe Investing Club holds its Morning Meeting every weekday at 10:20 a.m. ET.
Source: CNBC - 🏆 12. / 72 Read more »