Key Points Oxy’s upstream focus gives it more exposure to higher oil prices. Chevron’s diversification makes it a more balanced long-term play. 10 stocks we like better than Chevron › The prices of Brent and West Texas Intermediate (WTI) crude oil both recently surged above $100 per barrel as the Iran war dragged on. That was bad news for consumers and any industries that relied on stable gas prices, but it was great news for big oil companies. If you expect oil to stay above $100 per barrel for the foreseeable future, it would be smart to invest in the companies that are converting that expensive oil into massive amounts of cash. These two oil stocks fit the bill: Occidental Petroleum (NYSE: OXY) and Chevron (NYSE: CVX) . Missed AI’s "Act 1"?
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