The energy sector showcased immense resilience despite macroeconomic headwinds and geopolitical chaos. Moreover, an expected rise in global demand for oil and gas, on the backs of the reopened Chinese economy, is poised to maintain the sector’s upward trajectory. OPEC now sees global oil demand grow by 2.33 million bpd this year.
Given this backdrop, let us look into the energy stock Weatherford International plc (WFRD), which could be the best buy this May for reasons mentioned throughout the article.
