3 Oil Stocks Flying Under The Radar After OPEC+ Cuts

After an initial bump following OPEC’s announcement that it will cut production by 2 million barrels per day, oil prices have fallen sharply due to a host of negative catalysts including a strong dollar, a hawkish Fed, soaring inflation rates and fears of a global economic downturn hitting demand. Further, there were reports that the Biden administration might soon release another 15 million barrels of crude from the Strategic Petroleum Reserve to counter OPEC’s move and tame prices. Oil prices, however, appear on track to snap two…