Second Oil Spike Coming? Consider These 7 High Yields Before It Hits
· Forbes
AI Briefing
- • Crude oil jumps 9% after Strait of Hormuz is closed, sparking fears of a new oil price spike.
- • Investors seek high-yield stocks with oil exposure, such as Crescent Energy (CRGY) with a 4.8% dividend yield.
- • Other high-yield producers include American oil exploration companies with direct barrel price impact.
Source Summary
The Strait of Hormuz is closed once again. Crude oil jumped 9% Monday on the news, and investors are piling into everything and anything with a rig or pipeline attached.
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