The energy market is well-poised for continued growth due to growing global energy needs amid rapid industrialization & urbanization and several technological advancements. Thus, investors could consider monitoring the top three energy stocks Dorchester Minerals, L.P. (DMLP), Profire Energy, Inc. (PFIE), and Permianville Royalty Trust (PVL).
Oil prices held steady recently, buoyed by upbeat Chinese trade data and smaller-than-expected increases in U.S. crude inventories. In addition, the escalating geopolitical tension in the Middle East, coupled with the Houthi group’s attack on Red Sea shipping, has boosted oil prices.
