Despite Falling Oil Prices, 3 High-Yield Dividend Stocks to Buy Now
Enbridge(ENB) The Motley Fool·2024-08-27 13:30
Generate gobs of passive income from these energy stocks. Oil prices are falling, which makes now a good time to reassess how best to approach investing in the sector. In its August short-term energy outlook, the U.S. Energy Information Administration (EIA) lowered its full-year target price on Brent crude oil (the international benchmark) from $86 to $84 per barrel. The EIA remains optimistic that crude oil prices will rise in the coming months, but also expects lower oil consumption. Oil demand tends to r ...