News Snapshot:
The correction in TSX energy stocks seems overdone and they could soon bounce back. Here are two to consider that have fortified balance sheets and staggering growth prospects. Crude oil prices have fallen 35% since June, plunging from US$120 to US$80 a barrel in September. Market participants have largely focused on central bank policies and the combination of rising interest rates and record-high inflation that could result in a global recession. One crucial factor that’s been mainly overlooked in this period is the global energy supply-demand imbalance. The Russian energy supply will likely continue to dwindle by the end of...
