Has Crude Oil Made an Interim High? - RealMoney

2022-06-25 01:57:31 By : Ms. Ann Lee

Everyone is watching the price of crude oil. Everyone is sensitive to the latest price at the pump. Housewives, truckers, CEOs and even me. Everyone.

This issue is a global phenomenon and if crude oil prices weaken a bit it should have a positive effect on stock prices.

On Thursday on Real Money we wrote about price weakness in two widely followed energy ETFs - the Energy Select Sector SPDR Fund (XLE) and the VanEck Oil Services ETF (OIH) .

Let's drill down on the charts and indicators of that black gold -- crude oil.

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Environmental, social, and corporate governance has created a monster and gullible investors should hit the brakes on their EVs and run from the Washington technocrats while they have the chance.

It should be an interesting ride from here.

I can't remember the last time anyone asked me about Apple. No one cares.

The rudderlessness in DC has created an environment that's downright hostile to domestic exploitation of hydrocarbons.

The stock of the oil giant has been sliding of late but should receive a boost as the Oracle of Omaha buys more Oxy shares.

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