
When it comes to oil stocks, most investors think of big names like Exxon Mobil, BP, or Chevron.
But what most traders don't understand is that oil stocks are categorized based on the company's operations.
By Alex McGuire, Associate Editor, Money Morning • @AlexMcGuire92 -
When it comes to oil stocks, most investors think of big names like Exxon Mobil, BP, or Chevron.
But what most traders don't understand is that oil stocks are categorized based on the company's operations.
Here are the three most commonly traded types of oil stocks...
By Alex McGuire, Associate Editor, Money Morning • @AlexMcGuire92 -
When it comes to oil stocks, most investors think of big names like Exxon Mobil, BP, or Chevron.
But what most traders don't understand is that oil stocks are categorized based on the company's operations.
Here are the three most commonly traded types of oil stocks...