7 Oil and Gas Stocks That Have Entered Dangerous Waters
Oil stocks, natural gas producers and other commodity-based firms stand apart from one another based on factors such as where they're located and how efficient their operations are. But much of their success boils down to this simple idea: The higher the price of the commodity, the bigger the profits.
Unfortunately, the inverse is also true, which is why many energy stocks are getting pummeled right now.
Oil prices were already struggling with the fallout from the U.S.-China trade war and its effect on the global economy.
