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EnvestorFirst (< 20)

Buying Time for These Oil Stocks



May 04, 2012 – Comments (0) | RELATED TICKERS: XOM

Energy investors are always buying stock. However, they are buying some stocks more than others.  What stocks are they ready to jump in to now? There are a couple big names you will proably recognize. Incomehunter gives us the run down.


Royal Dutch Shell (RDS.A) recently announced that its Scotford refinery in Alberta will soon be restarted. Although necessary flaring will have to accompany the main work, this is a great step forward for the company as the refinery can process about 98,000 barrels a day. With the refinery back up and running, Shell will be able to increase its overall production by quite a large margin.


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