How Your Portfolio Can Profit From Higher Oil Prices

Skyrocketing prices don’t have to bring only pain. Investors can also find some relief with investments that can benefit from oil’s recent — and likely future — increases. Here are some ETFs and mutual funds worth considering…

CNOOC and Chesapeake Sign a $2.2 Billion Deal

CNOOC, China’s top offshore oil producer, plans to buy buy one-third of Chesapeake Energy’s oil and natural gas acreage in the Eagle Ford Shale project in South Texas for $1.08 billion in cash. The companies believe the deal wi…