Fuel Shortages Could Hit This Summer and Oil Execs Say Recovery Is Months Away. 3 Stocks to Own While It Lasts.
12.05.26 05:15 Uhr
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The world is still highly reliant on oil and natural gas despite the global effort to go green. The geopolitical conflict in the Middle East has left the world short 1 billion barrels of oil, according to Shell (NYSE: SHEL) CEO Wael Sawan. And the CEO believes a recovery will take months. Both estimates are backed by other industry executives. High energy prices look set to stay for a while. And, if the conflict drags on, it could get worse. This trio of energy stocks could benefit from the global fuel shortages.Image source: Getty Images.Continue readingWeiter zum vollständigen Artikel bei MotleyFool
Quelle: MotleyFool
