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Despite Falling Oil Prices, 3 High-Yield Dividend Stocks to Buy Now
ENBEnbridge(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 86to86 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 ...