By Adam Wilmoth Energy Editor awilmoth@oklahoman.comStocks swung wildly Monday, sending the Dow Jones industrial average plummeting by as much as 1,000 points before eventually settling down about 3.6 percent on the day. The broader market volatility combined with still-tumbling oil prices to drive 18 Oklahoma energy company stocks to new 52-week lows. “We haven’t seen much (stock market) volatility this year, but with the growing concern of China slowing down and world demand growth slowing down, it’s caused more volatility in the markets,” said Greg Womack, president of Womack Investment Advisers in Edmond.Read more on NewsOK.com

BING NEWS:
  • BNO: Volatile Crude Oil In The Buy Zone Until November
    Brent and WTI are global benchmarks for crude oil, with different qualities suited for gasoline and distillate products. Read more on BNO update.
    06/18/2024 - 7:06 am | View Link
  • Best Time of Day to Buy and Trade Stocks
    With that noted, the first and last hours of the trading session generally see more trading volume and volatility than the rest of the trading day. An experienced trader could take advantage of ...
    06/17/2024 - 1:00 pm | View Link
  • Wyoming History: June 17, 1921, The Day Lightning Set 7 Huge Oil Tanks Ablaze
    A thunderstorm over Casper on June 17, 1921, left disaster in its wake when it struck a huge oil storage tank ablaze, which spread to six others, ...
    06/16/2024 - 7:08 am | View Link
  • Investing in Transportation Stocks
    For example, pipeline companies that move crude oil, natural gas, and water are classified as energy or utility stocks.) Transport companies tend to have high fixed costs, which are the costs that ...
    06/5/2024 - 11:08 pm | View Link
  • 9 Best Oil Stocks Of June 2024
    In contrast, oil stocks were some of the few shining stars during the bear market of 2022. In fact, energy was the only sector to post a gain that year. This year? Not so much. Of the 23 energy ...
    06/3/2024 - 1:45 am | View Link
  • More

 

Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

More Business News