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For months, energy analysts have been fretting about what might happen on Dec. 5, when two things were due to occur. First, a European ban on seaborne imports of Russian oil would go into effect. Second, the world’s advanced economies would impose a price cap on Russian oil. December 5 has arrived, and … nothing much has changed. That’s good news for oil purchasers, since markets are not registering any unusual concern about supply disruptions. But business-as-usual in energy markets… Source link

TipRanks 3 “Strong Buy” Stocks Insiders Are Snapping Up President John Kennedy famously said, once, “A rising tide lifts all boats,” and this is true in the stock markets, too. We’re in the midst, now, of just such a rising tide – at least for the short term. The main indexes, the Dow, the S&P, and the NASDAQ, are all up between 9% and 12.5% this month, and the trends are positive. The recent election, making clear the prospect of a divided government unlikely to pass radical… Source link