Energy stocks were due for Friday’s rally. Here’s how we’re approaching our oil-and-gas names now


Oil wells are seen at an oil facility by the Highway 5 near Bakersfield in California, United States on November 27, 2022.
Tayfun Coskun | Anadolu Agency | Getty Images

Oil stocks showed signs of life Friday, boosted by a sharp rise in crude prices. It’s an overdue move that may portend a further recovery rally. However, the energy sector still posted another weekly decline.

Articles You May Like

Chinese ministry says EU’s anti-subsidy EV probe made spy-like levels of ‘unreasonable demands’
Willie Mays, one of the greatest baseball players of all time, dies aged 93
Steelworkers to hold first UK strike in 40 years
Tesla Cybertruck deliveries halted amid problem with giant windshield wiper
Mullen PowerUP is an EV and mobile charging station in one