Author Archives: Scalper1
Saudi Arabia Won’t Let Up On Oil Production
Saudi Arabia said Wednesday that it would continue to “satisfy” additional demand for oil, even as crude futures fell on data showing U.S. stockpiles growing. Oil Minister Ali al-Naimi told reporters at an event in Riyadh Wednesday that the world’s top oil exporter won’t change its “reliable” energy policy despite pressure on finances. “We no longer limit production. If there is demand, we will respond,” he said. Saudi Arabia and the rest of the
The 5 Top-Performing Big-Cap Drug Stocks Of 2015
2015 was a year with two distinct parts for drug stocks: The first seven months continued the bull run of the last four years, while the sudden resurfacing of the drug-pricing debate led to a rocky five months after that. But overall, the group came out ahead — and these top-performing big caps show that a solid story can make up for political worries in the eyes of investors. Incyte (INCY) is up 49% — as of Wednesday’s close — after a year of