Oil Sees Challenges amid Crumbling Optimism
WTI crude on Monday ended lower 0.78%. It is now consolidating below 46.0 after a decline for the second straight day.
Morgan Stanley: 12 energy stocks to buy now as oil markets recover - Business Insider
After a historic oil price rout, energy markets appear set to recover. Morgan Stanley says these 12 oil and gas stocks will benefit most.
Goldman Sachs shares 24 energy stocks set to grow when oil recovers - Business Insider
The banking giant Goldman Sachs says investors should "get more positive" on energy stocks and details its top picks in each corner of the industry.
Asian stocks and US futures tank as US crude drop 14% and Brent crude falls 4% - Business Insider
Oil futures slumped after the largest U.S. oil exchange-traded fund said it would sell all its front-month crude contracts to avoid further losses.
The 3 winners and 3 losers when oil prices collapse - Business Insider
In the wake of negative oil prices, companies with storage assets or pipelines come out on top and traders with long positions sink to the bottom.
Negative oil prices mean producers will pay people to take their oil - Business Insider
US crude oil was trading in negative territory on Monday for the first time in history. That means producers will pay people to take oil from them.
Crude Oil Price Crumbles on Trump Call to OPEC Despite US GDP Beat
Crude oil dropped a whopping 4 percent before trimming losses following reports that President Trump called OPEC to put pressure on the oil cartel to increase market supply and send prices lower.
Oil Price Forecast: Crude Could Crumble if Growth Concerns Catch Fire Again
The price of crude oil is up a whopping 38 percent year-to-date as fading fears over slowing global growth and OPEC supply cuts boosted the commodity higher. Although, recent gains could be jeopardized if sentiment sours again.