Are Energy Stocks And Oil Prices Near A Top?

As the price of oil comes under pressure, leaving traders wondering if anticipated supply from US oil fracking might push the price of crude below $80 per barrel, comes Oppenheimer research that indicates the price of oil could trend lower over the next three years, according to an investor research note reviewed by ValueWalk. Energy stocks could be affected by lower oil prices Lower projected oil prices could have impact on certain energy related stocks and, just like trading on 2015 projected earnings, stock analysts look at projected oil prices to determine relative value of various stocks. The recent US…