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It Would Be Insane To Own Oil Stocks Today (AMLP, BP, CVX, XOM, LNG)
247wallst.com/investing/2025/05/08/it-would-be-insane-to-own-oil-stocks-today-amlp-bp-cvx-xom-lng
Key Points
The U.S. economy saw a surprise 0.3% GDP contraction in Q1 versus expectations for 0.3% growth, signaling the technical start of a recession if the following quarter is also negative.
Ongoing trade tensions—particularly with China—and weak consumer sentiment…
This story appeared on 247wallst.com, 2025-05-08 10:09:31.