Source: International Business Times
CVR Energy (CVI), Delek US Holdings (DK), and Northern Oil and Gas (NOG) have shown strong profitability and cash-flow potential. Mario Tama/Getty Images Oil stocks are retreating as crude prices have pulled back amid easing geopolitical tensions between the United States and Iran. However, with Brent crude still near $90 a barrel and West Texas Intermediate (WTI) crude above $80, oil prices remain elevated by historical standards, and lingering uncertainty over Middle East supply disruptions could keep energy markets volatile.
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