We’re adding to an oil stock on Monday’s dip, with a big buyer of crude on standby


Source: cnbc.com cnbc.com

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We're buying 100 shares of Devon Energy (DVN) at roughly $67.41 each. Following Monday's trade, the Trust will own 400 shares of DVN, increasing its weighting in the portfolio to 0.93% from 0.7%. Energy is the worst-performing sector in the market Monday. But we're going to be small buyers of the dip, choosing to add to our position in exploration and production company Devon Energy . The price per barrel of West Texas Intermediate crude fell early Monday to its lowest levels of the year on concerns about global economic activity in reaction to the Covid protests in China. WTI...