Stock Market News – Energy stocks: a short-term tactical trade or is long-term appreciation to be expected?

WTI and Brent Crude have recorded strong gains since roughly the completion of the first half of the year. Year-to-date, they’re up by 8.6% and 14.9% respectively, while their appreciation from the year’s lows in late June stands at 38.7% and 47.2%. Both benchmarks currently trade around 2-½-year highs. Energy stocks have been beneficiaries of […]