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Prediction: Oil Is Heading to $60 a Barrel by 2027, and These Stocks Are Worth Buying Now
The Motley Fool·
The article predicts oil prices will fall to $60 per barrel by 2027 as global oil supplies are expected to surge by 8 million BPD while demand rises only 2 million BPD, creating a supply glut. While this will hurt oil producers, pipeline operators like Enbridge and Plains All American Pipeline are recommended as they earn fixed fees regardless of oil prices and offer attractive dividend yields.
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