The past year has been a wild ride for oil prices and investors in oil stocks. Brent crude prices topped $85 a barrel in late 2018, before crashing to end the year at about $50. Then they rose again through May, to more than $70, before easing back down again. Currently, they're sitting below $60. Not great, but not terrible.
With all of this volatility, what's an oil investor to do? We approached three of our Motley Fool contributors to ask what oil stocks they think are good buys in the current environment. They came back with Casey's General Stores (NASDAQ: CASY), Royal Dutch Shell (NYSE: RDS-A)(NYSE: RDS-B), and Chevron (NYSE: CVX). Here's why they think these oil stocks are worth a look right now.
Even the best oil stocks have underperformed lately, thanks to volatile oil prices. Image source: Getty Images.
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Source: Motley Fool
(September 8, 2019 - 8:08 AM EDT)
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