Wall Street Favorites: 3 Oil & Gas Stocks With Strong Buy Ratings for June 2024
Cheniere(LNG) Investor Place·2024-06-20 04:29
The World Bank has warned that escalating tensions in the Middle East could push oil prices above $100 per barrel, reversing the recent downward trend in global inflation. Even before the recent conflicts, commodity prices were stabilizing, complicating interest rate decisions for central banks. This environment suggests that top strong buy oil and gas stocks stand to benefit significantly.If the crisis worsens, the Bank’s forecast of crude prices averaging $84 a barrel this year may be too optimistic. The ...