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Why Oil Stocks Popped Today

TheMotleyFool

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Why Oil Stocks Popped TodayPhoto, wide shot, wide-angle lens, Coal company, Blue hour, twilight, cool, ISO1200, slow shutter speed, photo by David Maisel: https://img.midjourneyapi.xyz/temp/2a011bdc-adca-4de9-8457-d868b31178cf.png

As markets wind down for the week Friday, oil prices are continuing to rise, with WTI crude futures up a full percentage point and Brent crude not far behind -- up 0.9%.

That's good news for shares of ConocoPhillips (NYSE: COP), Phillips 66 (NYSE: PSX), and Occidental Petroleum (NYSE: OXY) -- all of which are enjoying a second straight day of gains, up 7%, 6.8%, and 9.6%, respectively, as of noon EST.

Source Fool.com

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