US stocks rise and oil prices slip
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ConocoPhillips is poised for growth amid rising oil prices with strong Q1 earnings and potential outperformance of major rivals. Learn more about COP stock here.
Analysts say U.S. oil stocks like TTI, PED, and EONR could gain as rising geopolitical risks drive crude prices and supply concerns.
Oil stocks have been longtime favorites for investors seeking income. With lower oil prices causing many oil stocks to decline in recent months, their dividend yields have risen. A user on Reddit recently asked which oil stocks with attractive dividends are the best picks right now.
Traders had been positioning for Israel’s attack on Iran, but there is still anxiety that prices could continue to surge well beyond $US100 a barrel.
Oil prices are leaping, and stocks are falling on worries that Israel’s attack on Iranian nuclear and military targets could escalate further and damage the flow of crude around the world, along with