Oil is now trading at over $70 a barrel, pushing up shares of energy companies.
A look at total returns for shares of large oil companies highlights a pattern that may make it easier to make money in the sector.
Meanwhile, the possibility of new sanctions against Iran, President Trump’s potential decision to pull out of the nuclear agreement with Iran, and OPEC’s efforts to prop up prices by cutting production could mean additional gains ahead for U.S.-listed oil stocks.
