3 Oil Stocks to Buy as Crude Prices Barrel Toward $100
Bank of America recently made a bold prediction. The banking giant believes that supply and demand imbalances in the oil market will push crude prices up to $100 a barrel by next year. The bank isn't alone -- big oil executives also believe oil prices could top $100 a barrel as the global economy roars back to life amid tightening supplies.
That scenario would undoubtedly be a boon for oil stocks. With that in mind, we asked some of our energy contributors what oil stocks they believe are the most compelling buys as oil prices head toward triple digits. Here's why they think Occidental Petroleum (NYSE: OXY), Marathon Oil (NYSE: MRO), and Devon Energy (NYSE: DVN) have some of the best upside potential to triple digit oil.
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