Wednesday, February 23, 2011

9 Oil Stocks That Could Be Affected by Libya This Week

Investment Underground submits:

By Scott A. Mathews


Events in Libya are having two effects for stocks: Those with Libyan exposure risk selling pressure while those with exposure to the broader market will likely be buoyed by a spike in oil prices resulting from Libyan turmoil. Below, we have grouped stocks based on this exposure. Those with Libyan exposure are facing the possibility of panic selling, which could make them attractive buys in the near future. Those without significant exposure to Libya are likely to experience a run-up in value as Libya tips the scale on oil price acceleration. These latter names have also been screened for the


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