How Long Will The Epic Rally In Energy Stocks Last? ...Middle East

OILPRICE - Economy
How Long Will The Epic Rally In Energy Stocks Last?
source : OILPRICE ( Middle East ) () 35
Energy stocks are enjoying their best market performance in years. They are also enjoying the best performance on the S&P 500 this year—at least so far.  After years of poor earnings, poor market returns, and investors pulling out of oil and gas stocks, conventional energy stocks have come back with a bang.  Oil rallied above $100 a barrel after Russia invaded Ukraine. Still, public U.S. shale firms have refrained from returning to their old spending ways of sinking all their cash flow (plus a lot of borrowed money) into drilling…

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