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Ron Rowland: Here in Texas, we expect summer to be hot. Somehow we cope with 100-degree days. This year has been worse than usual. And to make matters worse, we’re in the middle of a severe drought, too. Read more…
Although many investors have been focused in on oil markets and major oil producers such as ExxonMobil this week, many of the oil service companies have also been surging as well. Read more…
2010’s 15 percent increase in the price of crude oil helped a plethora of related sectors move higher. One of the biggest winners? Oil services stocks, which include drillers, well management Read more…
Baker Hughes (BHI) announced a “$5.5 billion cash plus stock acquisition of oilfield services company BJ Services (BJS), which the market is seeing as an act of weakness. Baker Hughes not only provides rotary rigs Read more…
Despite the fact that crude oil inventories are high and Americans are driving less, crude oil has been on a tear in recent months. Just four months ago, NYMEX-traded crude oil went for around $30 barrel. Now $70 appears likely, perhaps as soon as this week. Start bracing for a little more pain every time you head to the gas station.
There are five distinct categories of energy-related ETFs and ETNs, namely those that track indexes of: Read more…
In trading on Tuesday, the iPath S&P 500 VIX Short Term Futures ETN (VXX) is outperforming other ETFs, up about 5.63% on the day. Also up on the day was the ProShares Short Oil & Gas (DDG) which was up 
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