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Why You Should Watch EOG, COP, XOM Stocks Amid Rising Oil Prices
EOGEOG Resources(EOG) ZACKS·2025-01-14 05:01

Key TakeawaysSanctions against Russian oil exports to China and India have pushed oil prices back into bullish territory.The price of West Texas Intermediate crude is trading above $78 per barrel, the highest since August.Stocks that look to gain include oil exploration and production companies like ExxonMobil and EOG Resources.The Biden administration's introduction of new sanctions targeting Russian oil exports to China and India has contributed to a resurgence in oil prices, pushing them back into bullis ...