Back to the Bakken

Oil is one of the few commodities that have held up strong and posted a good year so far in 2013. West Texas Intermediated oil has moved up some 20% over the last year and is now solidly over $105 a barrel.

WTI has also narrowed the spread with Brent substantially over the last few months, so little differential remains between these two oil benchmarks. This has played havoc with refiner stocks, most of which are down significantly over the last few weeks. On the bright side, WTI's recent rise has been a nice tailwind to domestic energy producers. Two of my smaller Bakken exploration and production concerns, Triangle Petroleum (TPLM) and Emerald Oil (EOX), are both up better than 20% over the past six weeks....372 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

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