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ConocoPhillips stock recovers from Tuesday's losses as oil prices rise

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Summary
Nutrition label

66% Informative

Shares of ConocoPhillips ( NYSE : COP ) dipped on Tuesday after TheFly.com reported multiple bank analysts forecasting lower price targets for the oil major.

On Wednesday , however, Conoco stock perked back up, rising a modest 2.3% , recovering all of yesterday 's losses.

Oil inventories rose by 500,000 barrels last week , which bodes ill for oil prices.

While crude supplies are up, gasoline and middle distillates (such as diesel and kerosene) are both down -- about 2 million barrels each.

VR Score

57

Informative language

55

Neutral language

9

Article tone

semi-formal

Language

English

Language complexity

37

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

6

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