Top Oil Stocks to Buy 2020

Over the past couple of weeks Oil has been getting slammed (down over 75%) compared to the Dow Jones (down around 33%). The extreme move showed just how oversupplied the U.S. oil market has become with industrial and economic activity grinding to a halt as governments around the globe extend shutdowns due to the swift spread of the Coronavirus (COVID-19). An unprecedented output deal by OPEC and allied members a week ago to curb supply is proving too little too late in the face a one-third collapse in global demand.
With Oil being so cheap many people think that there is a HUGE upside opportunity to make money in the stock market. Understand that investing in Oil is risky because the trend is still down. I do think that these stocks show huge ROI (return on investment).

Top Oil Stocks

1) EXXON Mobil Exxon Mobil Corporation, doing business as Exxon Mobil, is an American multinational oil and gas corporation headquartered in Irving, Texas. It is the largest direct descendant of John D. Rockefeller's Standard Oil, and was formed on November 30, 1999 by the merger of Exxon and Mobil.
2) United States Oil Fund The United States Oil Fund is an exchange-traded fund that attempts to track the price of West Texas Intermediate Light Sweet Crude Oil.


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