Jul. 20 at 3:18 PM
Middle East tensions are putting the energy market back in focus.
Yemen’s reported move impacting Saudi Arabia’s key oil shipping route is raising supply concerns, while US gasoline prices recently moved toward the
$4.00 level.
When global oil flows face disruption, investors often turn their attention back to American producers.
$FANG -Diamondback Energy, one of the largest oil drillers in Texas
$DVN -Devon Energy, one of the biggest US oil and gas producers
$EOG -EOG Resources, a major producer across Texas and North Dakota
$XOM -ExxonMobil, the largest oil company in America
Supply shocks can quickly change market sentiment. Watching US energy names as oil volatility increases.
