While most oil benchmarks are still around $90 per barrel, some contracts are already above $100, and more could follow. In this video, Motley Fool contributors Jason Hall and Tyler Crowe break down what's happening, and explain what smart investors are doing right now, including taking a closer look at Pioneer Natural Resources?(PXD -1.30%), Chevron (CVX -1.10%), ExxonMobil (XOM -1.50%), Equinor?(EQNR -1.35%),?MLPX?(MPLX 0.30%), and?Enterprise Products Partners?(EPD).?
*Stock prices used were from the afternoon of Sept. 20, 2023. The video was published on Sept. 25, 2023.