The energy sector is once again in the spotlight as oil prices surge and energy demand continues to grow around the world. Below, I have discussed three energy stocks, namely, Liberty Energy Inc. (LBRT), MRC Global Inc. (MRC), and Mammoth Energy Services, Inc. (TUSK), with significant potential to boost your portfolio returns.
Yesterday, oil prices jumped by about 2%, fueled by a falling U.S. dollar, increased demand from developing nations, and supply cuts by the world's largest oil exporters. Brent futures rose by 2.2% to settle at $79.40 a barrel, and U.S. West Texas Intermediate (WTI) crude rose by 2.5% to settle at $74.83.
