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0 0.00795620437956198 0.0323722627737225 0.0675182481751825 0.0492700729927006 0.111313868613139 0.150255474452555 0.339416058394161
Stock impact report

Why Oil Stocks Are Roaring Higher Today [The Motley Fool]

SM Energy Company (SM) 
Last sm energy company earnings: 2/19 04:15 pm Check Earnings Report
US:NYSE Investor Relations: ir.sm-energy.com
Company Research Source: The Motley Fool
What happenedCrude oil prices are in rally mode today. The June contract for WTI, the primary U.S. oil benchmark, surged more than 0% to around $6 a barrel. That rebound, along with a few other factors, fueledoil stocksShares of several oil-related companies were up more than 0% at : a.m. EDT on Wednesday. Leading the way wereSM Energy(NYSE:SMMatador ResourcesNYSE:MTDRWPX EnergyNYSE:WPXNGL Energy PartnersNYSE:NGLPBF EnergyNYSE:PBFImage source: Getty Images.So whatOil prices spiked due, in part, to the latest inventory data from the U.S. Energy Information Administration. While oil storage levels rose by 9 million barrels over the past week -- the th consecutive weekly increase -- that was less than the 9.8 million barrel build analysts anticipated. That lower-than-anticipated inventory increase is good news for a country that'srunning out of room to store oilThe combination of higher oil prices and better inventory data drove up shares of oil producers like SM Energy, WPX Energy, and Show less Read more
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