XOM Stock and OXY Stock Rip On Oil Production Cuts
XOM stock and OXY stock surged higher after OPEC+ announced oil production cuts that begin in May 2023.
Breaking news on energy stocks and catalysts for oil and gas exploration, equipment and services, oil and gas pipelines, drilling, and renewable energy.
OPEC+ Oil Production Cut, Oil Stocks To Buy
OPEC+ has decided to cut crude production by 1 million barrels per day as investors scramble for oil stocks to buy. The surprise oil production cut occurred on April 2,…
Chevron $CVX and Shell $SHEL Energy Stocks Sell Off, Bear Signals
Chevron broke down first, now Shell is following. On March 13, 2023, both Chevron and Shell gave bearish sell signals on the daily charts. Chevron is in a more mature…
Energy Transfer $ET Stock Downtrend Channel Breakout
Energy Transfer $ET stock formed a downtrend channel breakout on March 7, 2023. Horizontal resistance sits well above at $13.52 to $13.67. Energy Transfer stock chart on March 7, 2023,…
