My one-hundredth-and -nineteenth YouTube video “Time to buy oil on the dip” went up today.
We’ve had a pretty good dip over the last few days in oil prices. I think that comes from a trading pullback from a quick run-up in prices, as well as optimism that the war in Ukraine will not last as long as people had thought. The oil stocks I added to my portfolios in January have done quite well. In this video, I look at a few of them: ConocoPhillips (COP), Pioneer (PXD), Cheniere (LNG), Equinor (EQNR), and the Energy Sector SPDR (XLE). I think many of these are set to continue rising as we see continued gains in raw material prices; plus, it doesn’t hurt that some pay a healthy dividend as well!
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Here’s the link:
