While most oil benchmarks are still around $90 per barrel, some contracts are already above $100, and more could follow. In this video, Motley Fool contributors Jason Hall and Tyler Crowe break down what's happening, and explain what smart investors are doing right now, including taking a closer look at Pioneer Natural Resources (PXD +0.00%), Chevron (CVX +1.31%), ExxonMobil (XOM +1.30%), Equinor (EQNR +1.71%), MLPX (MPLX +2.42%), and Enterprise Products Partners (EPD +1.57%).
*Stock prices used were from the afternoon of Sept. 20, 2023. The video was published on Sept. 25, 2023.
