Oil Index Report: OXY, MRO, PTR, COP, XOM, PSX, CVX, MPC, EOG, VLO, BP

October 19, 2021

Monday’s market action for some stocks making up the AMEX Oil Indec ($XOI). Occidental Petroleum Corporation (NYSE:OXY) stock has seen solid buying interest over the past month with  a gain of over 22% and leading the top spot in the oil & gas sector. Moreover, the stock has soared 90% so far this year. On Monday, OXY stock ended higher by 4% to $32.93 with more than 25.90 million shares…

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Oil Stocks Safe As Overall Market Dips

September 21, 2021

Oil has had a massive year.  WTI has risen 90% YTD.  The move has come with some volatility based on many factors including supply and COVID concerns.  This volatility has created profit opportunities for traders.  Especially in energy stocks. WTI is on the upswing again, WTI had a big week last week after a huge intraday jump Friday.  The commodity dipped yesterday and looks to be bouncing off the $70…

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