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Stock impact report

Are Oil Stocks Cheap or Value Traps? [The Motley Fool]

Phillips 66 (PSX) 
Last phillips 66 earnings: 5/1 07:00 am Check Earnings Report
Company Research Source: The Motley Fool
Jason Hall(TMFVelvetHammer)Author BioBorn and raised in the Deep South of Georgia, Jason now calls Southern California home. A Fool since 006, he began contributing to Fool.com in 0. Trying to invest better? Like learning about companies with great (or really bad) stories? Jason can usually be found there, cutting through the noise and trying to get to the heart of the story.Follow @TMFVelvetHammerAs much as the rest of the stock market has been on a strange, painful ride over the past six weeks, oil stocks have been brutalized. Global oil markets are in total disarray as oil demand craters with global travel all but halted, and Saudi Arabia threatens to flood the market further in an effort to re-establish its dominance.Yet even with demand cratering and global heavyweights threatening to drown out competitors, there's still hope. OPEC and other producers including Russia are set to meet this week to discuss potential output cuts to help stabilize oil prices in the near term. In the Show less Read more
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