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Why These High-Yielding Oil Stocks Are on Fire Today

Why These High-Yielding Oil Stocks Are on Fire Today

Crude oil was on fire today. WTI, the leading U.S. oil price benchmark, rose as much at 12.5% by 2:45 p.m. EDT on Monday and closed above $32 a barrel. Several soared more than 10%, including many midstream companies, known more for paying high-yielding dividends.