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10 Best Energy Stocks for 2021 - Insider Monkey


10 Best Energy Stocks for 2021
The global energy sector is one of the few parts of the economy that has been affected by not only the COVID-19 pandemic over the course of the past twelve months, but also by extreme weather events, production wars, and disruptive new technology. According to a report by non-profit International Energy Agency, global energy demand dropped by more than 5% in the past year, with oil and coal registering 8% and 7% lulls respectively. This also led to a decrease in energy-related investments by close to 20% worldwide. 
Extreme weather events like the Texas deep freeze and the heat waves in South Asia also hit the production capacities of power producers, sometimes crippling systems but mostly resulting in an increase in utility prices that compensated a little for the pandemic losses. An oil production war between Saudi Arabia and Russia, two of the largest oil producing countries in the world, also led to a dramatic decrease in oil prices for ....

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