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Investors betting on US energy shares have enjoyed a blistering rally, as the sector leads a move into value and economically sensitive stocks that has gripped the equity market. How much further that run continues could hinge on the success of the economic recovery, supply dynamics in oil markets and whether companies can stay disciplined on spending.
As global prices consistently flirted within the $69 to $70 per barrel territory in last week’s trading, pump price hikes are back in the domestic oil market and out to financially torment Filipino consumers anew next week.
MB file photo. (Mark Balmores)
Based on the calculation of the oil co
Investors betting on U.S. energy shares have enjoyed a blistering rally, as the sector leads a move into value and economically sensitive stocks that has gripped the equity market. How much further that run continues could hinge on the success of the economic recovery, supply.
The following is a news release from AAA Idaho. IDAHO FALLS — Idaho gas prices are higher than the national average today. According to AAA, the state’s average price for regular is $2.84, while the current U.S. average is $2.83. In the last ten days, Gem State prices have skyrocketed by 24 cents, while the […]