5 Oil Stocks To Pick Up As Oil Rebounds

The latest downturn in prices is likely to cause another
shakeout in the oil industry, a further separation of the best and
the rest. The collapse of oil prices in 2014 caused several waves
of bankruptcies in the ensuing years, yet generous financing from
Wall Street has kept a lot of companies alive, even if they are not
thriving. But prices have been persistently low, and the
long-awaited rebound has suffered from several false starts. The
most recent downturn in June, which saw WTI dip into the low-$40s,
has hit the industry hard once again.…

The latest downturn in prices is likely to cause another
shakeout in the oil industry, a further separation of the best and
the rest. The collapse of oil prices in 2014 caused several waves
of bankruptcies in the ensuing years, yet generous financing from
Wall Street has kept a lot of companies alive, even if they are not
thriving. But prices have been persistently low, and the
long-awaited rebound has suffered from several false starts. The
most recent downturn in June, which saw WTI dip into the low-$40s,
has hit the industry hard once again.…