| Getty Images Key Takeaways As a commodity, oil is known for its extreme volatility. Oil stocks represent an opportunity to add exposure within the energy section to your portfolio. Overall, many oil...
Tag: oil inventories
Oil Inventories Worldwide And Oil Price Trends
| Getty Images Key takeaways Oil prices have slowly recovered since the start of the pandemic, topping $120 in the summer of 2022. Prices have since dipped below $100, and OPEC plans to cut production...
How The OPEC Meeting On Production Influences Oil And Gas Stocks
| Getty Images Key Takeaways OPEC controls 40% of the world’s oil production and accounts for 60% of internationally traded oil. This gives the organization massive control over the international pric...
Ahead Of OPEC+ Meeting, What’s Going On With Oil Prices In Fall 2022?
| Getty Images Key takeaways Oil prices dropped negative at the height of the pandemic thanks to lockdowns. Oil companies were unprepared when lockdowns were removed and the government provided stimul...