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Oil Plunges on Tariff, OPEC Shocks - 3 Stocks to Grab Now
FTKFlotek(FTK) ZACKS·2025-04-07 13:40

Crude oil has had a rough start to 2025, with a nearly 15% decline year to date. Prices dropped to $61.99 per barrel on Friday — the lowest level since 2021 — pressured by mounting recession concerns and an unexpected move by OPEC+ to speed up the rollback of production cuts. Still, much of this decline appears to be led by short-term sentiment rather than underlying fundamentals.For investors with a long-term horizon, this pullback may present a compelling chance to buy into the energy sector at a discount ...