Occidental Petroleum Corp

The Dow Jones Today Will Get a Boost from the Federal Budget Deal

The Dow Jones today is gaining as Congress has reached a deal to extend the U.S. debt ceiling for another two years.

President Trump announced the deal Monday night on Twitter and commended Senate Majority Leader Mitch McConnell, Senate Minority Leader Chuck Schumer, Speaker of the House Nancy Pelosi, and House Minority Leader Kevin McCarthy.

The new deal suspends the debt ceiling through July 2021 and permanently end the sequester that would see automatic cuts in January.


The 3 Best Energy Stocks to Buy Before Oil Prices Soar in 2019

Several factors are fueling a rise in crude oil prices right now. And we're just getting started on an extended crude price rally that will take us through the third quarter of 2019.

The price of WTI crude oil is sitting just below a 2019 high, near $56 per barrel. The same goes for Brent crude, which pushed to the brink of $67 per barrel.

Don't just take our word on it. Three major trends are driving oil prices higher. And that's excellent news for three major oil stocks that have just high our Buy Zone.