7 Oil Stocks Getting Hammered on This Bad News
Just when investors were starting to think the oil market would only get better from here, the U.S. Energy Information Administration had to go and ruin the fun with facts. On Wednesday, the Weekly Petroleum Status Report showed that inventories of crude oil and refined products were up sharply last week, while demand remains down sharply.
As a result, oil stocks are taking a beating. Here are seven that are being hit particularly hard today:
*As of 1:08 p.m. EDT. Source: yCharts.
Source Fool.com
