
OPEC's forecasted 2025 surge in global oil demand, driven by China's momentum and a global economic rebound, is set to heighten oil prices. Concurrently, regional conflicts, such as Middle East tensions, Russia-Ukraine developments, and Red Sea shipping assaults, contribute to the upward trend.
To capitalize on this, it could be wise to add robust energy stocks Weatherford International plc (WFRD), ChampionX Corporation (CHX), and Geospace Technologies Corporation (GEOS) to your portfolio for potential gains. Let's understand this in more detail.