From Investing.com: 2024-10-08 11:28:00

Rising oil prices due to Middle East tensions prompt interest in energy sector investments. Concerns arise over potential supply disruptions. Analysis of top energy companies reveals promising investment opportunities amidst market volatility. Potential for oil price surge to $100/barrel if Strait of Hormuz is blocked, disrupting global oil transport. Energy ETF: Wisdom Tree Brent Crude Oil records significant returns. Notable undervalued energy stocks: Ovintiv, Permian Resources, Occidental Petroleum show strong fundamentals and growth potential. Ovintiv in takeover talks, trading below fair value with upside potential. Permian Resources focuses on high-quality assets with robust growth projections. Occidental Petroleum gains support from Warren Buffett, trading below fair value with significant growth potential.



Read more at Investing.com: 3 Stocks Set to Surge as Middle East Tensions Drive Oil Prices Higher