As Energy Surges on Crack Spreads, Consider Taking Gains on 2 Small Cap Oil Stocks

Approximately 20 million barrels per day (about 20% of global supply) transit the Strait of Hormuz. Since the start of the Iran conflict, oil and gas stocks have surged as markets price heightened supply risk in the Persian Gulf, a sector-moving geopolitical development that should support energy prices and increase market volatility.

Analysis

Approximately 20 million barrels per day (about 20% of global supply) transit the Strait of Hormuz. Since the start of the Iran conflict, oil and gas stocks have surged as markets price heightened supply risk in the Persian Gulf, a sector-moving geopolitical development that should support energy prices and increase market volatility.