Courtney WilliamsOil Stocks Just Hit a Major Slump
Whoa, the energy sector just had its worst month since the pandemic! Oil prices tanked 18% in April after a surprise production hike from Saudi Arabia and new tariffs from Trump set off a trade war with China. Big names like Exxon and Chevron dropped up to 18%. Analysts say oil might stay below $65/barrel next year, which is bad news for anyone betting on a comeback. Energy ETFs like XLE and VDE also took a double-digit hit. Not looking good for those "drill, baby, drill" dreams! #OilCrash #EnergySector #StockMarket #Investing #OilPrices #Health
2025-05-03
Russ Heller
Obviously nobody understands what cheap oil means.It means cheap fuel.That one thing will kick start the economy....5 dollar fuel creates recession...
05-03
Myrtle Point, OR
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Jason Woolslager
so can somebody explain when oil was 150 a barrel we were paying 5.00 a gallon and when it's 62 a barrel we paying 3.29? oil nearly down 60% so why isn't gas closer to 2.10 a gallon? why won't any politician stand up for the middle class and fine the crap out of oil producers for screwing us?
05-03
Portland, IN
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Sammy Natera
Oilfield Mafia the oil bust companies file bankruptcy many companies get left unpaid while they set on ur money oil comes back and back in business they go with everyone’s Else’s money everyone in the oil industry knows this how it goes and the law protects them and it’s how America runs by thieves for thieves just look at our president how many times has he pulled this one slap on the hand and go on
05-04
Monahans, TX
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Lawrence Cobbins
drilling is going to stop, we seen this before during his first term.
05-03
Omaha, TX
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Mike Rios
well it hasn't translated to any savings at the pump , actually just the opposite,"GREED"
05-03
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