Oil and Gas Stock Roundup: Crude's Best Week Since July Ignited These Oil Stocks

With hurricanes Harvey and Irma now in the rearview mirror, this week the oil industry turned its attention back to market fundamentals. Traders liked what they saw as increasing confidence in OPEC's cuts and signs that U.S. shale drillers are slowing down. The combination helped drive oil up about 5% this week to around $50 per barrel, which was its biggest weekly gain since July.

That rising crude price was more than enough to fuel a rally in the oil market. According to data from S&P Global Market Intelligence, drillers and frack sand producers led the way, with several jumping more than 15% this week.

Image source: Getty Images.

Source: Fool.com