American oil stocks rally

A $2 rise in the price of West Texas Intermediate crude sparked a rally in oil stocks, which underperformed during the past month as oil price fell. The seven top performers in the S&P 100 (ConocoPhillips, Schlumberger, Halliburton, Chevron, Occidental Petroleum, Kinder Morgan and Exxon) are all energy names. Some industry leaders that plunged on […]