3 Energy Stocks to Buy No Matter What Happens to Oil Prices in 2023
Oil prices enter 2023 in the mid-$70s -- around the same level they were at the start of 2022. However, they've been anything but stable over the past year. Crude oil soared to a peak in the $120s after Russia's invaded Ukraine, but later receded on concerns that the global economy would slow down.
It's anyone's guess what will happen with oil prices this year. Some analysts expect oil to jump back into the triple digits, while others believe crude prices could head lower if there's a recession. That uncertainty can make it hard to decide where in the energy sector to invest.
However, some energy stocks can thrive no matter what happens with oil prices this year. Three that stand out to a few Fool.com contributors for their resiliency in any type of oil market are Enterprise Products Partners (NYSE: EPD), Enbridge (NYSE: ENB), and Chevron (NYSE: CVX).
Source Fool.com
