
Sustained global demand for oil and gas, accompanied by tight supplies due to the ongoing conflict between Israel and Hamas and extended production cuts by OPEC+ and Russia, are expected to drive oil prices higher, providing solid tailwinds for the energy industry.
Amid this backdrop, quality energy stocks Exxon Mobil Corporation (XOM), Shell plc (SHEL), and Imperial Petroleum Inc. (IMPP) could be ideal picks with steady long-term momentum.