3 Doomed Energy Stocks to Dump Before They Dive: February 2024

Source: markets.businessinsider.com markets.businessinsider.com

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InvestorPlace - Stock Market News, Stock Advice & Trading Tips The energy market remains volatile, especially the trade in crude oil. After running up to $120 a barrel in 2022 after Russia invaded Ukraine, the price of Brent crude oil, the international standard, and West Texas Intermediate (WTI) crude, the U.S. benchmark, fell about 10% in 2023 during a difficult year. So far in 2024, prices continue to fluctuate amid geopolitical conflicts and demand concerns, notably in China. Currently, WTI crude oil is trading just above $76 per barrel. The price volatility has played havoc with the earnings of big...