• Mon. Apr 19th, 2021

Business News: Energy sector Rally?

Business News: Energy sector Rally?

(STL.News) Oil prices are rallying, which are sending beaten down energy stocks higher.  Over the past month, Chevron and Exxon are up about 30% and Conoco Phillips is up 51%.  Valero has gained 60% and Occidental Petroleum has soared 85%.  Rob Thummel, senior portfolio manager at Tortoise Capital Advisors, joined “Squawk Box” on Monday to discuss his forecast for the sector.

YouTube video provided courtesy of CNBC – Business News

STL.News References:

  1. YouTube