Are Oil and Gas Stocks Worth the Investment?

Are Oil and Gas Stocks Worth the Investment?
Fossil fuels remain a solid investment. sdecoret/Shutterstock
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Oil and gas companies are some of the world’s largest and most prosperous companies. However, precarious market conditions and subsequent volatility have hit the oil and gas industry hard, making many investors question how wise investing in oil is.

Knowing how, if, and when to invest in oil requires an educated understanding of the ever-evolving market. Over the past several years, the oil market has seen drastic ups and downs. Although timing the market is impossible, shrewd oil and gas investments can prove lucrative.

A Brief History of Oil Prices

So far, 2022 has been a tumultuous year for oil investments. Various factors have contributed to a storm of rising prices and demand, which is a stark contrast to what occurred just two years ago.