Now that the price of crude is so low, would this be good time to buy oil stocks? Which one has good reserves?

Yes, because the price of gas will go up this summer. (as usual)





Exxon Mobil





Shell





BPNow that the price of crude is so low, would this be good time to buy oil stocks? Which one has good reserves?
Oil hasnt bottomed yet and the unemployment rate hasnt peaked. We've got oceans of oil in storage and gaining. I would only pick the largest integrated companies like Exxon or Chevron (stay away from Conoco) or an ETF like USO or USL and only for the intermediate to long term, 5-10 years or more.