U.S. oil futures rose 40 cents to $85.81 a barrel on the New York Mercantile Exchange (NYMEX). Black gold has climbed 12% since hitting a 52-week low of $76 a barrel last week - a 37% fall from its April high near $120 a barrel.
Brent crude oil futures rose 1.6% to $110.73 a barrel for a five-day gain of 11% -- the biggest since August 2009.
This week's gains follow on the heels of a recent slump - but subscribers to our Private Briefing service knew this would be the case.
We forecast the oil markets short-term pullback in our early Private Briefing columns and told investors to take advantage of the crude oil sell-off while energy stock prices were low.
Sure enough, these recommended stocks are climbing as oil prices are once again on the rise:
- The oil-related stock we highlighted it Aug. 12 in "How to Profit From $120-a-Barrel Oil ..." is up 2.7% from that day's closing price.
- The high-return energy play our Global Macro Trends Specialist Jack Barnes detailed on Aug. 19 in "The Energy Stock to Buy Now...", is up 14% this week.
- And the favorite low-risk natural gas stock that resources specialist Peter Krauth shared Sept. 15 in "A "Dream Pick' in the U.S. Energy Sector", has gained 4.2% during the oil futures five-day price rally.
"When you're looking at the crude-oil market, make sure to keep in mind what matters most: It's not about the absolute level of [oil] prices; it is about the direction," Moors advised in Tuesday's column "Oil Prices Are Going to Soar..."
It's clear which direction oil prices are headed - now you just have to figure out the best ways to profit.
That's what Private Briefing brings you every day. It gives you an inside look at emerging economic trends, and it shows you the best way to profit.
Moors offered subscribers a new energy sector pick that's ready to soar. This small, well-focused oil and gas company has a price target 69% higher than where it currently trades.
To learn Dr. Moors' latest energy play, and more of our best daily investment opportunities, click here to learn more about Private Briefing.
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