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Why Energy Stocks Are Up Big This Week

Several energy stocks were up by more than 10% this week as of Thursday afternoon. Among the notable names joining that rally were Core Laboratories (NYSE: CLB), Clean Energy Fuels (NASDAQ: CLNE), Oceaneering International (NYSE: OII), and Occidental Petroleum (NYSE: OXY). The biggest driver was the continued improvement in oil prices, which approached a more than two-year high this week. Read More...

Several energy stocks were up by more than 10% this week as of Thursday afternoon. Among the notable names joining that rally were Core Laboratories (NYSE: CLB), Clean Energy Fuels (NASDAQ: CLNE), Oceaneering International (NYSE: OII), and Occidental Petroleum (NYSE: OXY). The biggest driver was the continued improvement in oil prices, which approached a more than two-year high this week.

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