COP - 3 Top Oil Stocks to Buy as Crude Approaches $100 a Barrel
Oil prices have skyrocketed this year. WTI, the primary U.S. oil benchmark price, is up roughly 75% in 2021, recently closing at around $83 a barrel. Oil market watchers believe crude prices could have further to run as the economy picks up speed at a time that major producers are still holding back supply.
With crude oil nearing $100 a barrel, we asked some of our energy contributors for their favorite oil stock play. Here's why they think ConocoPhillips (NYSE: COP) , Devon Energy (NYSE: DVN) , and EOG Resources (NYSE: EOG) are in the best position to cash in as crude oil prices approach $100 a barrel.
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3 Top Oil Stocks to Buy as Crude Approaches $100 a Barrel