The Zacks Analyst Blog Highlights NOW, Eni and Enterprise Products Partners

For Immediate Release

Chicago, IL June 9, 2023 Zacks.com announces the list of stocks featured in the Analyst Blog. Every day the Zacks Equity Research analysts discuss the latest news and events impacting stocks and the financial markets. Stocks recently featured in the blog include: NOW Inc. DNOW, Eni S.p.A. E and Enterprise Products Partners EPD.

Here are highlights from Thursdays Analyst Blog:

Oil Price Edges Higher With Refineries Running Full-Throttle

U.S. oil prices rose on Wednesday, buoyed by an increase in refinery runs that led to a decline in weekly crude supplies. However, builds in fuel stocks offset come of that gain. On the New York Mercantile Exchange, WTI crude futures gained 79 cents (or 1.1%) to close at $72.53 a barrel yesterday. Prices were also helped by data that showed rising oil demand in China, the world's biggest crude importer.

Some oil-related stocks that could benefit in the current environment are NOW Inc., Eni S.p.A. and Enterprise Products Partners.