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-0.00116386215934286 -0.00113739871779348 -0.000872764302299393 0.000847359398411725 0.00243516589137595 0.00825712303224452 0.00894517251252897 0.01111517471958
Stock impact report

Oil Stocks Could Reap a $60 Billion Windfall if Crude Prices Remain Elevated This Year [Yahoo! Finance]

Diamondback Energy, Inc. (FANG) 
Last diamondback energy, inc. earnings: 2/18 04:01 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.diamondbackenergy.com
Company Research Source: Yahoo! Finance
WTI, the primary U.S. oil benchmark, has risen from around $57 a barrel at the start of the year to about $95, a nearly 65% surge. Meanwhile, Brent oil, the global benchmark, has experienced a similar trajectory. It's currently above $100 a barrel, up more than 65% this year. Surging crude oil prices are a boon for oil stocks. According to a Financial Times report, U.S. oil companies could book more than $60 billion in additional revenue this year if crude prices remain elevated. Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue » Here's a look at some of the oil stocks poised to cash in on the surge in crude prices. Image source: Getty Images. The situation in the oil market Oil prices have spiked this year due to supply issues stemming from the war with Iran. The country has attacked oil tankers and oil in Show less Read more
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