These Oil Stocks Can Thrive Even With Crude Prices Sinking
Oil prices have tumbled this year. WTI, the primary U.S. oil price benchmark, has plunged from about 60 a barrel. The culprit has been the concern that tariffs will slow the global economy, driving down demand for crude oil. Lower crude prices will impact oil company cash flows. However, some oil stocks are in a better position to navigate the lower oil prices than others due to their abundant low-cost oil resources. Three oil companies that can still thrive in the c ...