Oil prices have continued to gather strength this week. Brent crude on the November contract was up by 3% on the week at $114.85 per barrel shortly before U.S. markets opened on Friday, down slightly from Thursday's peak of $116.01. U.S. WTI crude was up 3.9% on the week to $92.17, just below an overnight peak of $92.59 per barrel.
Natural gas for November delivery has also had a strong week and was up by 5% to $3.56/mmbtu on Friday morning after big gains on Tuesday and Thursday.
Many investors prefer to invest in commodity ETFs rather than directly in futures, and the United States Oil Fund
The nature of oil and gas companies' businesses means that they may succeed or fail regardless of oil prices. This week's risers have all outperformed the price of oil by a big margin in recent months.
Lansdowne Oil & Gas
Newfield Exploration
Synergy Resources
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