5 Reasons to Bet on the Oil Industry

[Zacks - Logo] Zacks Reveals Today's Top Oil Picks {NAME}, Oil prices have risen sharply in recent weeks, reaching two-year highs. Unlike other rallies over the past three years, this time they're being lifted by a strong fundamental picture. For example, we're seeing: 1. Increased demand globally will provide upward pressure on oil prices. For the first time ever, oil consumption is expected to top 100 million barrels per day in 2018. 2. Inventory drawdowns. Recent U.S. Energy Department's inventory releases that show multiple weeks of strong inventory draws in the domestic crude stockpiles pointing to a slowdown in shale output. Decreased supply also pushes price higher. 3. Decreased Rig Count. Further evidence that American shale producers are slowing down. 4. OPEC cuts will almost certainly be extended. Oil-producers do not want to return to $30 oil. Reducing production ensures prices remain strong. 5. Strong economy=strong oil market. Positive third-quarter U.S. GDP data and earnings reports helped propel oil to recent highs. The strengthening economy and improved consumer sentiment bode well for oil prices. Each of these signs point to sunny skies ahead for oil. Zacks has just released a Special report, Profiting from Petroleum: 3 Stocks to Play Oil's Next Move. The report names 3 of our favorite stocks to capitalize on the sector's strength. [Download it now »]( It's also worth mentioning that this report will still be valuable if the price of crude levels off or begins to drop in the future. Two of the three stocks are very likely to perform well in those scenarios. I encourage you to look into this opportunity right away. Your chance to access our report ends midnight Sunday, November 19 - Tonight. [▶ See Stocks Now]( Good Investing, [Kevin Matras - signature] Kevin Matras Executive Vice President This free resource is being sent by [Zacks.com](. We look for investment resources and inform you of these resources, which you may choose to use in making your own investment decisions. Zacks is providing information on this resource to you subject to the Zacks "Terms and Conditions of Service" disclaimer. [www.zacks.com/disclaimer](. Past performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research is not a licensed securities dealer, broker or US investment adviser or investment bank. The Zacks #1 Rank Performance covers the period beginning on January 1, 1988 through December 31, 2016 and was examined and attested by Baker Tilly Virchow Krause, LLP, an independent accounting firm. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank # 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit [( for information about the performance numbers displayed above. Zacks Emails If you would prefer to not receive future profit-producing emails from [Zacks.com]( the primary purpose of which is the commercial advertisement or promotion of a commercial product or service, then please [click here]( and confirm your request. If you have trouble with the unsubscribe link, please email support@zacks.com. Zacks Investment Research 10 S. Riverside Plaza, Suite 1600 Chicago, IL 60606