These companies can make a lot more money. And oil prices look like they are destined to go above $8 a barrel, hence the stocks are moving. I understand oil- old saw here is that oil stocks move in concert with oil prices. But when you looked at the figures, it was sort of surprising just how well some of these stocks have done.īRIAN SOZZI: Yeah, somewhat shocking. And we've been talking about the rotation, right? Out of the sort of work from home trade into the back to work trade. Brian, you've been crunching the numbers here on how oil stocks have done this year. And what we have seen from a lot of the large cap oil stocks and smaller stocks, as well. JULIE HYMAN: Let's also talk about what all of this has meant already for the oil market on this equity side.
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