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Tag: oil stocks


Commercialization, Conventional Fuels

Oil and gas production ETF paces for best quarter on record, but traders say it’s still a ‘show-me story’

June 10, 2020

Via: CNBC energy

Oil and gas stocks are defying the odds. The SPDR S&P Oil and Gas Exploration and Production ETF (XOP) is having its best quarter on record, up over 102% since April 1 despite concerns about oversupply. That’s more than triple […]


Commercialization, Conventional Fuels

World’s largest sovereign wealth fund to scrap oil and gas stocks

March 8, 2019

Via: CNBC energy

Norway’s trillion-dollar sovereign wealth fund plans to dump oil and gas companies from its benchmark index, the finance ministry announced on Friday. The move, initiated by Norges Bank which manages the fund, is designed to make the Norwegian government’s wealth […]


Commercialization, Conventional Fuels

Crude oil is doing something it hasn’t done in years

October 31, 2018

Via: CNBC energy

Energy expert John Kilduff sees an unusual phenomenon affecting crude oil and beaten-down stocks. According to the Again Capital founding partner, oil and stocks have embarked on the closest trading relationship since early 2016 and during the financial crisis sell-off. […]