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Caterpillar logo with Industrials background

Key Points

  • The five oil stocks currently highlighted are Caterpillar, ServiceNow, Exxon Mobil, Procter & Gamble, and Canadian Natural Resources, based on high trading volumes recently.
  • Changes in oil stocks held in storage are crucial indicators that can influence oil prices, signaling shifts in the balance between supply and demand.
  • Caterpillar is primarily known for manufacturing construction and mining equipment, while Exxon Mobil focuses on crude oil and natural gas exploration and production.
  • Five stocks to consider instead of Caterpillar.
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