Oil surge boosts energy stocks – five experts weigh in

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

United States News News

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

Oil surge boosts energy stocks – five experts weigh in (via TradingNation)

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.

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.

TradingNation something on your mind?

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.

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.
Source: Reuters - 🏆 2. / 97 Read more »