It appears buyers have been more aggressive than seller in recent weeks.
A long trade of the Energy Select Sector SPDR Fund looks reasonable based on its technical signals.
Let's look at what many observers failed to notice about oil, and what could happen when the oil exporting nations -- including Russia -- meet on June 4.
Here's how high the shares could go.
It's been weeks since OPEC cut production and look how oil prices have spilled. Here's who to blame -- and why the devil is in the ETFs.
The provider of drilling services is set to report its first-quarter results after the market close here on Monday.
Here's how I'm playing stocks as this group of oil-producing nations -- including Russia -- says they're cutting production.
This may be seen as early steps toward moving at least some part of the oil trade away from trading in U.S. dollars.
The charts suggest a big move could unfold.
Shares are up eight-fold from their nadir but the advance may not be over.