The 3 Best Oil & Gas Stocks to Buy in August 2024
Enterprise Products Partners L.P.(EPD) Investor Place·2024-08-09 03:07
The stock market's tumble on Monday also spooked even the best oil and gas stocks. Because fears of a recession were the primary reason for the market's implosion, traders were worried about the impact on oil. The energy industry is reliant upon robust demand—and the higher pricing that follows—to fuel future growth. If the economy were faltering, so would oil and gas demand. Brent crude and West Texas Intermediate fell about 1% to their lowest prices since January. However, since the sky hasn't appeared to ...