Top 3 Energy Stocks That May Implode This Month
Tsakos Energy Navigation, CVR Energy and Nordic American Tankers show overbought RSI readings, warning momentum-focused investors.
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Mizuho Maintains Underperform on CVR Energy, Raises Price Target to $29
Mizuho analyst Nitin Kumar maintains CVR Energy (NYSE:CVI) with a Underperform and raises the price target from $28 to $29.
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Shares of oil and gas companies are trading higher amid a rise in crude after reports suggesting that Saudi Aramco deferred and cancelled some September crude cargoes meant for European refiners after the closure of its East-West pipeline to the Red Sea. Also, ongoing Saudi strikes on Yemen's Houthi rebels and a tight global diesel market are helping to support crude prices.
Top 3 Energy Stocks That Could Sink Your Portfolio This Month
Marathon Petroleum, Phillips 66 and CVR Energy show overbought RSI readings above 70, warning momentum-focused energy investors.
Jim Cramer Warns of ‘Unholy Developments’ Crushing Rate-Cut Hopes as Brent Tops $92 After Strait of Hormuz Attacks
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