Major Oil Plays Moving Higher In Heavy Trade
Shares of major integrated oil operations were primed for a growth spurt, says a report Thursday from a research firm. Oil prices have climbed more than 100% above their lows from last December. In mid-October, prices snapped above the $75 level, which had acted as a ceiling since June. Most of the 12 oil and natural gas-related groups tracked by IBD gained ground through the month. That pushed U.S. explorers and producers and machinery equipment
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