Why ConocoPhillips, Ballard Power, and Bloom Energy Stocks All Bounced Higher Today

Why ConocoPhillips, Ballard Power, and Bloom Energy Stocks All Bounced Higher Today

A tweet from President Trump this morning sparked a rally in oil prices, oil stocks .... Oil prices jumped in response to the president's tweet Thursday, and never looked back.. Oil stocks followed suit, with oil major ConocoPhillips ( NYSE:COP ) closing the day 14.2% higher.. The expected uptick in demand also helped to push oil prices higher today.. The higher oil prices go, the easier that is to do -- and the greater the attractiveness of (and potential profits for) the fuel cell makers.. Cumulative Growth of a $10,000 Investment in Stock Advisor Calculated by Time-Weighted Return.