Market Review and Trends
Buying the Best O&G Company Stocks to Play Oil Rebound
By New Academy of Finance  •  April 6, 2023
Oil Market in Turmoil? Is there going to be a skirmish between the US and OPEC+ over the latter’s decision to voluntarily cut a collective output of 1.16m barrels per day from May until the end of 2023? We know that the oil market can be a volatile one. But the latest OPEC+ cut really took the world by surprise, sending shock waves through the market. Oil prices boasted their biggest daily gain over the past 1 year and the street is now calling for oil prices to head back to the $100/bbl major psychological barrier level once again. A $100/bbl oil price will undoubtedly be a major boon for oil & gas stocks. In this article, I will be exploring which are the best O&G company stocks to buy now to position for an oil rebound. Particularly, I will like to analyze which O&G company stocks performed the best in terms of their price...
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By New Academy of Finance
I have got no sob-stories to entertain ya. I am just a regular joe, happily married, with two “highly energetic” young boys that can never seem to settle down! Life is peaceful, or if you wish to put it with a tad of negative connotation to it, BORING. Some say boring is good!
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