7 Oil Stocks to Buy as Crude Prices Surge

7 Oil Stocks to Buy as Crude Prices Surge

Oil price gains provide opportunities for investors.

West Texas Intermediate crude oil prices recently surpassed $80 per barrel for the first time since 2014. A classic supply and demand imbalance has triggered surging energy prices around the world. As economies open back up to full capacity, energy demand is rebounding, while supply in China and other areas of the world is short. Accordingly, oil, natural gas, coal and other energy commodity prices are now at or near multiyear highs. Higher oil prices are great news for oil stock margins and profits. Here are seven oil stocks to buy today.