3 Eagle Ford Stocks Poised to Gain With Oil at $80

The current high oil price, stemming from the International Energy Agency's upward adjustment of its oil demand forecasts for this year and an unexpected decline in U.S. inventories, is prompting increased exploration and production activities. Consequently, companies in the upstream sector are expected to expand their operations in profitable shale resources, resulting in a rise in the number of drilling rigs. This uptick in drilling activity is forecast to enhance production, offering benefits for busines ...