Oil prices have been scorching hot this year. Three that stand out to our energy contributors for their ability to prosper on higher oil prices are Total (NYSE: TOT), ConocoPhillips (NYSE: COP), and Devon Energy (NYSE: DVN). Reuben Gregg Brewer (Total): One of the biggest reasons to like French integrated oil giant Total is that it is charting a middle ground course toward the energy future.
The power station that sparked controversy over a bitcoin mining expansion plan will also invest in renewable energy projects.
Oil prices rebounded on Friday morning as inflation fears fade and the global supply glut slowly drains, although the IEA did revise its demand projection downward