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Tag: oil stock

3 Junior Oil Stocks to Watch in 2013

While factors such as rising production and slow global economic growth could conspire to make energy production a risky business in 2013, a number of well-poised companies are likely to record upside in the short to medium term.

Oil Prices Drop

Crude-oil futures slipped after the re-election of President Barack Obama sent stocks lower, as investors fear the approaching political battle over U.S. budget cuts and tax increases will threaten the economic recovery.

US Oil Stockpiles Unexpectedly Up 3.78 Million Barrels

The Financial Post reported that crude oil stockpiles in the United States — not including Strategic Petroleum Reserve oil — unexpectedly rose to 364.52 million barrels last week, an increase of 3.78 million barrels. The jump was caused by increased oil imports and unchanged crude usage.

Five Oil Stocks to Look Out For

Seeking Alpha reported that oil stocks such as Chesapeake Energy (NYSE:CHK), El Paso Corp. (NYSE:EP), Cabot Oil and Gas (NYSE:COG), Whiting Petroleum (NYSE: WLL),and Forest Oil (NYSE:FST) may be good for a short-term purchase or for the purpose of hedging.

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