Oil Rebound: Three of the Cheapest Stocks to Own Now
Tightening oil supplies were just beginning to force prices higher in March 2019.
For one, the Saudis said the kingdom had plans to cut oil exports in April 2019. Two, the U.S. had just reduced its forecast for domestic crude output growth. And three, Venezuela supply issues were restricting supply from what was once one of the world’s largest oil exporters.
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Ian L. Cooper