Tag: oil prices

  • These Oversold Stocks Should Gush Higher with Oil

    These Oversold Stocks Should Gush Higher with Oil

    Oil prices are gushing higher. Last checked, WTI crude was up about $1.60 to $75.01 and could push higher. For one, demand could exceed expectations, if the economy shows further signs of growth, which could result in a deficit. Two, there are tensions in the Red Sea, where “Houthi militants have vowed to retaliate over…

  • This is Why Occidental Petroleum Could Gush Higher

    This is Why Occidental Petroleum Could Gush Higher

    Investors may want to consider Occidental Petroleum, as we noted on July 14. At the time, the OXY stock traded at just $56.65, “but could soon see higher highs,” we also said. “All on news Berkshire Hathaway just bought another $250 million worth of OXY stock between July 11, and 13, 2022.” Today, the stock…

  • Oil Gushed to $105 a Barrel… and It Could Get Worse

    Oil Gushed to $105 a Barrel… and It Could Get Worse

    By now, you know Russia attacked Ukraine. “In announcing a major military operation, Russian President Vladimir Putin deflected global condemnation and cascading new sanctions — and chillingly referred to his country’s nuclear arsenal as he threatened any foreign country attempting to interfere with ‘consequences you have never seen,’” noted Reuters. Meanwhile, NATO plans to reinforce…

  • Three Oil Dividend Stocks to Consider on Potential War

    Three Oil Dividend Stocks to Consider on Potential War

    $7 oil could be a very real possibility. “My guess is that you are going to see $5 a gallon at any triple-digit [oil prices] … as soon as you get to $100. And you might get to $6.50 or $7. Forget about $150 a gallon, I don’t know where we will be then,” Energy…