Oil Prices Have Been Falling. Why It’s Time to Buy Oil Stocks

Barrons2022-08-20

It has been a boom-and-bust year for oil stocks -- but the energy sector looks like it's getting ready to run again.For much of 2022, oil stocks were the only ones going up as the S&P 500 slumped. ...

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Comments

  • robot1234
    2022-08-24
    robot1234
    Oil rises as Saudi Arabia hints at possible output cut
  • robot1234
    2022-08-22
    robot1234
    Russia is China’s top oil supplier for a third month in July, customs data showed. It comes as independent refiners stepped up purchases of discounted supplies while cutting shipments from rival suppliers such as Angola and Brazil.Imports of Russian oil, including supplies pumped via the East Siberia Pacific Ocean pipeline and seaborne shipments from Russia’s European and Far Eastern ports, totaled 7.15 million tonnes, up 7.6% from a year ago, data from the Chinese General Administration of Customs showed.Russia held its spot as China’s top oil supplier for a third month in July, data showed on Saturday, as independent refiners stepped up purchases of discounted supplies while cutting shipments from rival suppliers such as Angola and Brazil.The strong Russian purchases squeezed out competi
  • andrew123
    2022-08-22
    andrew123
    Like 
  • Bspn
    2022-08-21
    Bspn
    Ok
  • StarGate
    2022-08-21
    StarGate
    Oil is a good investment as of now . Question is why one to invest and how long 
  • hotwheels
    2022-08-21
    hotwheels
     The Energy Select Sector SPDR trades at just 8.5 times 12-month forward earnings, well below the S&P 500's 18.2 times and below its own 10-year average of 16.4. In an environment where price/earnings ratios could remain under pressure
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