Three Must-Watch Energy Stocks as Oil Prices Decline

The price action in oil is dramatic. It’s really significant considering it traded so consistently in a range around $100.00 a barrel prior to its recent drop. The breakdown in oil prices is suspicious for the simple reason that both growing supply and stagnant demand have been such a constant over the last several years. There’s nothing new in the marketplace, only that OPEC (the Organization of the Petroleum Exporting Countries) isn't altering its production for now.