My 2 Top Oil Stocks to Buy in 2025

Crude oil prices were relatively quiet last year. Brent oil, the global benchmark price, slipped 3%, closing the year at around $77 a barrel. Meanwhile, WTI, the U.S. oil price benchmark, ended the year right where it began at roughly $71 per barrel. Record production in the U.S. and weakness in China's economy kept the market balanced, keeping a lid on crude prices. Most analysts expect more of the same in 2025, with the consensus that crude prices will remain in the $70s this year. Because of that, oil stocks can't rely on oil prices to pump up their share prices this year. They'll need other catalysts. Two oil stocks with notable catalysts are ConocoPhillips (NYSE: COP) and Chevron (NYSE: CVX). That's one of the many reasons they've risen to the top of my buy list this year. Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool