These Upstream Stocks Are More than 80% above Their 52-Week Lows

Crude oil has been very volatile recently. WTI reached a new four-year high of $76.40 per barrel on October 3, amid supply concerns due to looming Iran sanctions. It then retreated on reports of a possible increase in supplies from Saudi Arabia and Russia to compensate for the loss of Iranian supplies. This retreat was followed by another major sell-off, with US crude falling below $71 per barrel on October 11 due to global markets correcting amid concerns over lower global growth and higher US Treasury yields.