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StockNews.com
Business
Mangeet Kaur Bouns

Exxon Mobil (XOM) vs. Adams Resources & Energy (AE) – Which Energy Stock Is Poised for Weekly Gains?

In this article, I evaluated two energy stocks, Exxon Mobil Corporation (XOM) and Adams Resources & Energy, Inc. (AE), to determine which has the potential for better returns this week. We believe AE is the better buy for reasons explained throughout this piece.

This Monday, the Organization of the Petroleum Exporting Countries (OPEC) increased its medium- and long-term forecasts for global oil demand. According to the oil producer group, the crude sector would require nearly $14 trillion of investment to meet this demand increase.

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