The Traderszone Network

Published in TZ Latest News 28 May, 2016 by The TZ Newswire Staff

Crude Tops $50 a Barrel Sending Oil Stocks Surging This Week (CHK, XCO, PES, FMSA, CEPQ)

Oil Pumps At Sunset

Oil topped $50 a barrel this week, though it did close below that key price point. However, oil was still up 1.9% for the week, due to continued global supply disruptions as well as the looming OPEC meeting. That helped ignite a rally in oil stocks.

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