Are ExxonMobil and Chevron the Best High-Yield Energy Stocks to Buy Now That Oil Just Topped $80 per Barrel?

U.S. benchmark West Texas Intermediate (WTI) crude oil prices topped $80 per barrel on Jan. 15 after closing out 2024 closer to$70 per barrel. Geopolitical policy is driving higher prices.On Jan. 10, the U.S. hit Russia with strict sanctions, driving up prices. To quote a press release by the U.S. Department of State: "The United States is imposing sanctions today on more than 200 entities and individuals involved in Russia's energy sector and identifying more than 180 vessels as blocked property. This wid ...