News Snapshot:
Canadian energy stocks are moving higher again after a steep pullback off the 2022 peak reached in early June. Investors who missed the recent bounce are wondering if this is a good time to add oil stocks to their Tax-Free Savings Account (TFSA) or Registered Retirement Savings Plan (RRSP) portfolios. Energy market outlook Oil trades near US$88 per barrel at the time of writing. This is down from more than US$120 earlier this year, but it remains a very profitable level for oil producers. Analysts and industry leaders expect prices to remain elevated over the next few years due to...
