3 Oil Stocks Set To Outperform In 2023 ...Middle East

OILPRICE - Economy
3 Oil Stocks Set To Outperform In 2023
source : OILPRICE ( Middle East ) () 33
The energy sector emerged as the best performer amongst 11 U.S. market sectors, delivering handsome returns at a time when everybody else faltered. Indeed, energy was the only sector to finish in the green last year thanks to the global energy crisis pushing commodity prices to multi-decade highs and the Fed hiking interest rates a record seven times.  Meanwhile, the sector’s popular benchmark, the Energy Select Sector SPDR Fund (NYSE: ARCA), gained 47.5% during the year. Despite the huge runup, energy investors are expected to enjoy…

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