Here's Why Offshore Drilling Stocks Are Surging Friday

Offshore drilling stocks are rallying on Friday, Oct. 11. As of 1:22 p.m. EDT, the biggest offshore drilling stocks are up between 8% and 18%:

*As of 1:22 p.m. EDT.

Several catalysts are likely fueling today's big jump, including higher oil prices and two pieces of news that have investors optimistic about the global economy.

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Source Fool.com