We're trimming this oil stock to raise some cash in this overbought market
Consistent with our prior commentary, we are booking additional profits as energy prices move higher.
Oil pumpjack standing idle in Los Angeles, California on March 28, 2022. Oil prices rose in early Asian trade on Wednesday as industry data showed a larger-than-expected drawdown in U.S. crude stockpiles.
Mario Tama | Getty Images News | Getty Images