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The Top 10 Oil and Gas Gainers So Far This Year [Yahoo! Finance]
Last nvidia corporation earnings: 2/13 04:20 pm
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US:NASDAQ Investor Relations: investor.nvidia.com/home/default.aspx
The rally kicked off last week after Washington indicated Israel could strike Iran's oil facilities . Brent crude for November delivery gained 3.4% in Monday's intraday session to trade at $80.71 per barrel at 1.20 pm ET while WTI crude was changing hands at $77.05 per barrel after gaining 3.1%. Clearview Energy Partners has predicted that oil prices could gain as much as $28/bbl if flows are blocked in the Strait of Hormuz; $13/bbl if Israel strikes Iranian energy infrastructure and $7/bbl if the U.S. and its allies placed economic sanctions on Iran. Meanwhile, Citi analysts have provided estimates that a major strike by Israel on Iran's export capacity could take 1.5M bbl/day of crude off the market, while an attack on downstream assets and other relatively minor infrastructure such as could take out 300K-450K bbl/day. According to ANZ Bank, Iran's oil output hit a six-year high of 3.7M bbl/day in August. Not surprisingly, oil and gas stocks are flying, with the sector's favor
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