DARK SECRETS: 4 - The Real Truth

On Tuesday, Russian oil and gas imports to the United States were banned in response to Russia’s invasion of Ukraine. Oil prices surged on the news, and analysts forecast that oil prices will rise to $135 per barrel this year. Given this backdrop, oil and gas stocks Hess Corporation (HES)…

The benchmark indexes have slipped into correction territory, with the S&P 500 down 8% year-to-date due to concerns that include 40-year high inflation, geopolitical tensions, and impending interest rate increases. Nevertheless, S&P constituents Occidental Petroleum (OXY), Halliburton (HAL), and Marathon Oil (MRO) have surged more than 30% in price year-to-date,…