7 Best Oil Stocks to Buy for Exposure to Crude Prices

Most of the best-performing stocks of 2022 up to this point are highly exposed to the red-hot energy market. Russia's invasion of Ukraine has sent oil, natural gas, coal and other commodity prices soaring, creating an earnings tail wind for many energy sector stocks. Stocks that are highly correlated to oil prices have generally been great investments so far this year. However, high correlation to crude can be a double-edged sword, as many energy investors experienced when crude prices collapsed in early 2020. Here are the seven Bank of America buy-rated stocks with the highest correlation to WTI crude oil prices.

APA Corp. (APA)
Baker Hughes Co. (BKR)
Chevron Corp. (CVX)
Eastman Chemical Co. (EMN)
Exxon Mobil Corp. (XOM)
Fortune Brands Home & Security Inc. (FBHS)
Halliburton Co. (HAL)

Thank you for sharing this valuable information. I was looking forward to investing into stocks and your information will help me in making my investing decisions.
Eastman Chemical Co (EMN) is best for long-term investors. EMN has gone down as compared to S&P which has offered the best timing for making entry.
Can someone suggest which one would be the best out of these? Actually, with this, I will be adding the first oil stock to my portfolio. Eastman Chemical Co. (EMN) seems the best to me.

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