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.