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StockNews.com
StockNews.com
Business
Kritika Sarmah

5 Oil and Gas Stocks Showing Potential Bullish Momentum

Despite fluctuating crude oil prices influenced by geopolitical tensions, recent stability and a monthly gain in January highlight the industry’s resilience. So, investors could consider investing in quality oil and gas stocks Antero Midstream Corporation (AM), NuStar Energy L.P. (NS), Dorchester Minerals, L.P. (DMLP), Summit Midstream Partners, LP (SMLP), and NGL Energy Partners LP (NGL) showing potential bullish momentum.

Oil prices remained stable on Monday, recovering from recent declines triggered by Washington's commitment to launch additional strikes on Iran-backed groups in the Middle East. The impact was further compounded by a robust U.S. job report, which dampened expectations of immediate rate cuts.

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