Trade with zero comissions, no transaction fees and a market-leading spread on crude and brent oil:
This week the world watched in horror as the oil price chart plummeted down to an unheard of level of negative $38 per barrel. And although the oil stocks analysis has improved slightly, there’s hardly any indication that things are going to get better soon. In fact, many oil companies will certainly not be making a profit over the coming months.
Currently, global consumption is down a massive 30%, and that has, in turn, brought the oil price analysis for Brent down 25%. Many will no doubt suggest that you, given these unprecedented prices on oil, invest in stocks immediately. But would that really be wise?
Be sure to watch the whole video to see oil stocks explained in the best possible way. And find out what oil stocks to invest in right now as we review the stocks of four major industry players. The stocks we’ll review are of Valero, Frontline, Exxon and BP.
What did you think of our oil stocks price analysis? Let us know in the comment section below, and please don’t forget to hit the ‘Like’ button and share this video with your friends. For more on the latest oil price news and updates on oil stocks 2020, subscribe to the Capital.com channel!
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