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Stock impact report

Oil Stocks Surge After Traders Make a Big Bet on Bullish Data [The Motley Fool]

SharkNinja, Inc. Ordinary Shares (SN) 
Last sharkninja, inc. ordinary shares earnings: 11/1 06:00 am Check Earnings Report
US:NYSE Investor Relations: sanchezenergycorp.com
Company Research Source: The Motley Fool
A rebound in the oil market fueled a fierce rally in balance sheet-challenged oil stocks Sanchez Energy, Denbury Resources, SM Energy, and California Resources. Matthew DiLallo ( TMFmd19 ) Jun 6, 2017 at 4:25PM What happened The oil market snapped a two-session losing streak on Tuesday, rallying nearly 2% and pushing the U.S. WTI oil-price benchmark up above $48 per barrel. Fueling the buying were traders betting that oil inventory data will show a deeper decline than the market's current projections of a 3.5 million-barrel drop in supplies. Driving that expectation for a bullish report is high compliance with the OPEC-led production cuts, strong refining throughputs, and robust oil exports. This bullishness spilled over into oil stocks, with the weakest links experiencing the biggest gains. Sanchez Energy ( NYSE:SN ) ,  California Resources Show less Read more
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