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Oil

Oil

The Best Oil Stocks to Buy Right Now

Oil prices have climbed 52% since hitting a 10-year low in January last year, and prices are going to continue to rise in 2017.

To help investors profit as oil prices rise, we've got the best oil stocks to buy this year.

Here's why investing in oil stocks is the best way to profit from rising oil prices and our list of the best oil stocks to buy in 2017...

Global Markets

World Stock Markets Weaker, Gold Up, As Trump Still Making Waves

(Kitco News) – World stock markets were mostly weaker Thursday, on corrective pullbacks from recent gains that put many stock indexes at record, multi-year or multi-month highs. U.S. stock indexes are pointed toward weaker openings when the New York day session begins.

The marketplace is buzzing about a reportedly contentious conversation between U.S. President Donald Trump and Australian Prime Minister Malcom Turnbull, regarding refugees in Australia that were to be headed for the U.S. The uncertainty regarding the new U.S. president and his administration are being blamed by some for jittery world stock markets the past couple weeks.

Gold prices are solidly higher and hit a 2.5-month high Thursday amid the recent weakness in the U.S. dollar index and on some safe-haven demand

Global Markets

Very Busy Day For U.S. Economic Data, Including FOMC Statement

(Kitco News) – Global stocks generally rebounded Wednesday after posting losses earlier this week. China markets remained closed for the Lunar New Year holiday.

U.S. stock indexes are pointed toward firmer openings when the U.S. day session begins.

Gold prices are trading modestly higher after scoring solid gains on Tuesday.

Global Markets

Gold Up, World Equity Markets Under Pressure, From Trump Uncertainty

(Kitco News) – World stock markets were mostly weaker and tried to stabilize Tuesday after the sharp sell-off in U.S. and European equities on Monday. Asian stock markets followed on Tuesday by trading lower. Markets in China are still closed for the Lunar New Year holiday. U.S. stock indexes are pointed toward weaker openings when the New York day session begins.

Gold prices are posting good gains Tuesday morning, on safe-haven demand amid the world stock market selling pressure.

Oil

Ignore Exxon Earnings, XOM Has Other Problems

Exxon earnings come out tomorrow, but while observers are anxiously awaiting the report, savvy investors should avoid the stock no matter what the report says.

Despite its struggles in 2017, Exxon stock has been a trendy pick since Donald Trump won the presidency.

We'll show you why Exxon is a bad play this year and which oil stock will actually make you money instead...

Global Markets

Global Equity Markets Back Off Amid Uncertainty Surrounding Trump

(Kitco News) – World stock markets were mostly weaker to start the new trading week Monday. U.S. stock indexes are pointed toward weaker openings when the New York day session begins. The marketplace is still a bit nervous regarding actions the new U.S. president has taken or may take. Over the weekend President Trump banned immigration from several countries the new administration has deemed as sponsoring or harboring terrorists. Markets in China, Hong Kong and South Korea were closed Monday for the Lunar New Year holiday.

Gold prices are trading slightly higher on a corrective bounce after prices hit a three-week low last Friday.

Global Markets

Global Equity Markets' Rallies In Focus, Highlighting Keener Investor Risk Appetite

(Kitco News) – The feature in the marketplace this week is rallying world stock markets, led by U.S. stock indexes that again hit record highs Wednesday. Asian and European stock indexes were mostly higher Thursday, with U.S. stock indexes also pointed toward firmer openings when the New York day session begins.

The U.S. Dow Jones Industrial Average pushed above 20,000 for the first time ever Wednesday, which is likely to garner the attention of the general public and could invite even more near-term demand for stock shares.

Gold prices are again under pressure Thursday morning, amid the world stock market rallies that highlight the "risk-on" trader and investor mentality

Global Markets

Global Equities In Rally Mode On Hopes For Economic Growth

World stock markets were higher Wednesday, following the lead of solid gains posted in the U.S. equities on Tuesday that saw the major U.S. stock indexes hit record highs. U.S. President Donald Trump said he would revive the U.S. economy when he was running for the office, and this week he is signing directives to fulfill that pledge, including rolling back regulations on business and signing a controversial oil-pipeline-construction directive.

U.S. stock indexes are pointed toward further gains when the New York day session begins.

Oil

Our Top 2017 Oil Stocks to Watch

Oil prices have ballooned 15% since OPEC agreed to cut oil production in November, and that makes our best 2017 oil stocks profitable plays.

Dr. Kent Moors, Money Morning's Global Energy Strategist, believes oil prices will climb even higher this year.

To help investors take advantage of rising oil prices, we’re going to show you the best oil stocks to buy in 2017.

Global Markets

World Stock Markets Mostly Firmer As Focus Remains On Trump Proclamations

European and Asian stock markets were mostly firmer Tuesday, as the world marketplace brushed off the U.S. move Monday to end its participation in the Trans-Pacific Partnership trade group. The move by the Trump administration was widely expected. Pronouncements from the new Trump Administration are the focus of traders and investors early this week.

U.S. stock indexes are pointed toward narrowly mixed openings when the New York day session begins.