The Top 3 Oil & Gas Stocks to Buy Now: Summer 2024

There's trouble brewing in the oil patch. Prices for crude oil in America are below $75 a barrel and at their lowest level in six months amid growing fears of a recession in the U.S. economy. West Texas Intermediate (WTI) crude oil, the U.S. standard, was trading as low as $71.92 a barrel on Aug. 5, though it has since rebounded to around $73 per barrel. WTI crude has now erased all of its gains for the year and is trading at its lowest level since the winter months, as markets anticipate that the U.S. econ ...