The earnings reports for the oil majors are widely expected to reveal sharp improvement for the oil industry, finally rebounding after more than three years of low prices. And it could get even better going forward, with oil prices seemingly safe from sub-$50 territory. “Because the price of oil started so low in [the third quarter] and gradually increased throughout the quarter, we’re really not expecting to see that flow through to earnings this quarter. It will likely be next quarter,” Mark Tepper, president and CEO of Strategic Wealth Partners, told CNBC . “We do feel the tide has certainly turned, and overall, the landscape for the energy sector in general looks to be positive. So we’re looking at these earnings reports for Exxon and Chevron to really confirm that optimism,” he added. Ahead of the quarterly earnings reports from the oil majors, the five largest companies are expected […]