Although we don't believe in timing the market or panicking over market movements, we do like to keep an eye on big changes -- just in case they're material to our investing thesis.
What: As oil prices took off earlier today, shares of Clayton Williams Energy
So what: Oil rose $0.57 on the day to close at $100.36 on the New York Mercantile Exchange. In London, Brent crude rose $0.12 to $109.98 a barrel. The higher prices could mean more profits for Gulf-area explorers such as Clayton Williams. Related winners included Chesapeake Energy
Now what: Analysts have been predicting higher crude prices heading into 2012. Goldman Sachs
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