Published on 15 Mar 2023 on Insider Monkey via Yahoo Finance
11 Best Crude Oil Stocks To Buy As Tensions Rise
In this article, we discuss the 11 best crude oil stocks to buy as tensions rise. To skip the detailed analysis of the crude oil market, go directly to the 5 Best Crude Oil Stocks To Buy.
Crude oil is one of the most primed industries in the world. However, it is also quite volatile which has been quite evident in recent years. According to Maximize Market Research, the industry’s market size reached $1.4 trillion in 2021 and is expected to grow to $1.6 trillion by 2029. The global oil reserves volume is at around 1.65 trillion barrels while 99.8 million barrels were consumed daily on average in 2022, up from 94.1 million barrels a day in 2021.
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