
Oil prices have reached their highest levels of the year, with the possibility of hitting $100 per barrel in focus. This rally is driven by expectations of tighter supply as Saudi Arabia and Russia extend their oil output cuts through the end of the year.
So, investors could consider watching quality energy stocks Schlumberger Limited (SLB), Oceaneering International, Inc. (OII), and Archrock, Inc. (AROC), which are poised for growth in the coming months.