Global Oil Closes on $90 Per Barrel (AGYP, CVX, XOM, PXD, MRO And DVN)

January 20, 2022

Crude oil prices are moving closer to $90 per barrel and the White House appears unable to stop skyrocketing prices. Projections are for oil to reach $150 per barrel by next summer. Energy sector stocks were mixed. Oil investors appeared confused by the increase and the inability of major producers in the Middle East to boost production. In all of this volatility, independents like Allied Energy Corporation (OTCMKTS: AGYP) are…

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NYSE Energy Momentum Watchlist : CRK, CPE, SU, EGY, DVN

October 6, 2021

Oil prices have been inching higher to a multi-year highs and  oil and gas stocks have been on the move the last week. These stocks should be in your watchlist this week. Callon Petroleum Company (NYSE:CPE) stock has seen solid buying interest over the past month with  a gain of over 68% and leading the top spot in the oil & gas sector. Moreover, the stock has soared 328% so…

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Oil Stocks Benefit From Rising Prices

September 27, 2021

Oil reached new highs overnight, Brent climbing over $79 and WTI over $74 respectively.  The cause for this move is most likely due to a drop in demand with the Hurricane Ida fall out and a rise in demand as the Delta Variant COVID surge tails off.   This caused yet another major investment bank to raise its forecast for the commodity, Goldman Sachs raised its year-end price target for Brent…

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