Energy Stocks Gained in Morning Trading

Tiger Newspress2022-08-18

Energy stocks gained in morning trading. Occidental, Chevron, BP, Halliburton, Callon and Exxon Mobil rose between 1% and 3%.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

  • TeckYong
    2022-08-19
    TeckYong
    Good 
  • robot1234
    2022-08-19
    robot1234
    Oil up on robust U.S. fuel consumption, tight supply outlook. Oil prices gained about 4% on Thursday as positive U.S. economic data and robust U.S. fuel consumption offset concerns that slowing economic growth in other countries could undercut demand.Brent futures rose 3.6%, to $97.06 a barrel, while U.S. West Texas Intermediate (WTI) crude rose 3.4%, to $91.11. “Oil prices rallied after another round of impressive U.S. economic data boosted optimism for an improving crude demand outlook,” said Edward Moya, senior market analyst at data and analytics firm OANDA. Moya also noted that OPEC will not allow a recent pullback in oil prices to continue much further.The number of Americans filing new claims for unemployment benefits fell last week and the prior period’s data was revised
  • Bel8680
    2022-08-19
    Bel8680
    Like
  • Super8
    2022-08-19
    Super8
    Like it!
  • Seah CL
    2022-08-19
    Seah CL
    K
  • SilentWatcher
    2022-08-19
    SilentWatcher
    Wait n see 
Leave a comment
18