Tensions in the Middle East appear to be easing.
News & Analysis: California Resources
Dual catalysts are driving up the price of crude oil today.
The California-based oil company has been quite volatile over the last few days.
CRC earnings call for the period ending September 30, 2019.
The oil and gas company gave its investors a pleasant surprise.
The stock took off after management refuted a report about restructuring.
These stocks bucked a downward trend on Wall Street.
Rumors of a restructuring spooked afternoon investors.
Crude prices are giving back some of Monday’s historic gains.
The oil market is breathing a sigh of relief.