Mar. 9 at 3:27 PM
Oil prices surge to nearly
$100 — What’s the impact on
$CVX,
$BP, and
$XOM? 🌍💰
🔺 Geopolitical tensions in the Middle East have effectively blocked the Strait of Hormuz, a key oil chokepoint.
📈 Upstream producers like Chevron, BP, and Exxon Mobil set to benefit from rising crude prices.
📊 CVX up 4.6%, BP up 9.6%, XOM up 0.9% over the past month, all with Zacks Rank #3 (Hold).
See why these energy giants are poised for gains 👉 https://www.zacks.com/stock/news/2881072/oil-prices-jump-on-geopolitical-tensions-3-energy-stocks-to-watch?cid=sm-stocktwits-2-2881072-body-36576&ADID=SYND_STOCKTWITS_TWEET_2_2881072_BODY_36576