10 oil stocks that may eventually stage the biggest rebound

It’s been a lousy year for oil stocks as the price of crude has plummeted, but many U.S. oil production and service companies have actually posted huge sales gains. That means their shares could rebound big time when oil prices eventually rise to previous levels.
Crude-oil prices fell to their lowest level in three years on Tuesday, after Saudi Arabia cut its prices for oil sales to the United States, while raising prices for customers in Asia, where demand is higher. The Saudi government is trying to maintain its market share, as growing shale production in the U.S. contributes to the current oversupply.
William Watts put together this summary of the players involved in the dramatic decline in oil prices. (more)

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