Published on Oct 11, 2016
Oil
stocks have performed well as oil prices climb, and Jim Cramer is
watching some key events in the energy space this week. OPEC members
hold an informal meeting on Wednesday, and then on Thursday, the Energy
Information Administration will release its crude oil inventory number.
Cramer says because of a planned change in the data series, crude
inventories will come in much lower. Crude oil prices hit a one year
high on Monday before pulling back Tuesday on concerns about the OPEC
meeting.
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