Oil prices have been scorching hot this year. Crude is up by more than 30%, fueled by the gradual reopening of the global economy and OPEC's support by holding back supplies. Those higher prices have been a boon for most oil stocks .
Some oil companies are thriving more than others thanks to their lower operating costs and unique strategies. Three that stand out to our energy contributors for their ability to prosper on higher oil prices are Total (NYSE: TOT) , ConocoPhillips (NYSE: COP) , and Devon Energy (NYSE: DVN) .
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With Oil Prices Surging in 2020, These 3 Energy Stocks Are Thriving