Summary Against all expectations, OPEC maintains its cuts at least through April. Oil prices surge, setting the stage for a fantastic 2021 for oil and gas stocks. We have eight stocks that are still great value to buy now and profit from the 2021 oil bull market. This idea was discussed in more depth with members of my private investing community, The Dividend Freedom Tribe. Learn More » Introduction Oil prices have surged on the news that OPEC + will maintain its production cuts. Source: Pexels This news is at odds with analyst expectations, which believed the cartel would scale back some of its production cuts following the freeze in Texas which has wiped out 2.5mn barrels a day, plus 1mn in other states. Why did the Saudis decide to maintain their cuts at least through April, and convinced the group to largely do the same? And how do you play this for your portfolio? To answer that question, I’ll first explore the theoretical thinking of tactics and strategy. I’ll then use these basic insights to understand the Saudi move, and how you should tilt your portfolio. I’ll then highlight 5 Oil & Gas stocks which you can buy […]
CamTrader offers a preview only. View original article. seekingalpha.com