After languishing below $50 a barrel for most of the year, crude has snapped back in recent weeks. Fueling those gains are draining oil stockpiles and accelerating demand. Because of this, oil stocks are starting to bounce back.
After languishing below $50 a barrel for most of the year, crude has snapped back in recent weeks. Fueling those gains are draining oil stockpiles and accelerating demand. Because of this, oil stocks are starting to bounce back.