Over the long holiday weekend, it was reported that OPEC+, scheduled to start monthly oil production hikes, may be rethinking the plan. Brent crude has been trading near the $75 a barrel level, while West Texas Intermediate has been seen just below $71. Both of the major benchmarks have traded sideways for months. After rallying in January to start the year, they have sold off in February as traders began to price in the effects of President Trump’s tariffs.
We screened our 24/7 Wall St. high-yield energy stock database for stocks with the biggest dividends and upside potential. Buying energy stocks before the busy summer travel season has often worked, and 2025 could also play out that way. We found four Buy-rated across Wall Street, and it makes sense for investors looking for dependable passive income streams.
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