oil sector

Angola is a mineral-rich African nation, with extensive natural resources including crude oil and diamonds. In fact, Angolan economic activity far outstrips that of any other sub-Saharan African nation by a long margin. The economic growth rate has exploded thanks to vast crude oil reserves which...

What impact will higher than previously expected oil prices have on the North American oil field services sector? Investors can expect continued revenue growth for companies over time as oil prices should sustain levels north of $70 per barrel, according to Bernstein.  The Analyst Bernstein...

Oil's price action can have predictable influences among some exchange-traded funds. For example, it is arguably of little value at this point to tell investors that Canada and Russia ETFs are highly sensitive to oil prices. Likewise, the argument in favor of consumer stocks and ETFs in a low...