Oil stocks have been crushed during the past couple of years after a supply buildup caused crude prices to crash. That crash has wiped away more than $1 trillion in equity value from investors’ portfolios since oil prices peaked in late 2014.
Oil stocks have been crushed during the past couple of years after a supply buildup caused crude prices to crash. That crash has wiped away more than $1 trillion in equity value from investors’ portfolios since oil prices peaked in late 2014.