Expectations of tighter supply amid extended output cuts by major crude exporters, Saudi and Russia, and robust crude demand globally will likely push oil and gas prices higher, boosting the energy sector’s outlook. Given the industry’s tailwinds, buying fundamentally sound oil stocks Cheniere Energy Partners, L.P. (CQP) and Global Partners LP (GLP) could be wise.
However, investors could watch Viper Energy Partners LP (VNOM) and wait for a better entry point in this stock.
