Buy Fuel Stocks – 5 Best Fuel Stocks To Buy Right Now In 2022

Fact Checked by Gary McFarlane

If you’re looking to gain exposure to the global oil industry – it might be worth investing in a basket of fuel stocks. In doing so, you will be purchasing shares in companies that explore and produce barrels of crude oil – which is subsequently converted into fuel.

In this guide, we analyze the best fuel stocks to buy right now and walk you through the investment process with a commission-free broker.

Table of Contents

#1 Broker to Buy Fuel Stocks – eToro

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  • Invest in a wide range of cryptocurrencies
  • Ability to copy more experienced investors and their decisions
  • eToro crypto wallet included which makes it beginner-friendly
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How to Buy Fuel Stocks – A Quick Guide For 2022

In the mini-walkthrough below, we explain how to buy fuel stocks at 0% commission with eToro.        

  • Step 1: Open an Account with eToroVisit the eToro website and open an account. You will need to provide eToro with some personal information and contact details.
  • Step 2: Upload Your ID – As per the KYC process, eToro will ask you to upload a copy of your government-issued ID. This should be validated in 1-2 minutes.
  • Step 3: Deposit Funds – Choose your preferred deposit method from a debit/credit card, e-wallet, or bank wire/ACH. The minimum deposit is $50 at eToro. No fees apply to deposits made in USD.
  • Step 4: Search for Fuel Stock – eToro offers a handy search box, so you can simply enter the name of the fuel stock that you want to buy.
  • Step 5: Buy Fuel Stocks – Now you need to enter the amount of money you want to risk on your chosen fuel stock. The minimum at eToro is $10 – regardless of how much the fuel stock is trading for.

Finally, to complete your fuel stock investment – click the ‘Open Trade’ button.

67% of retail investor accounts lose money when trading CFDs with this provider.

Best Fuel Stocks to Buy Now – List of the Best Fuel Stocks

There are dozens of large, medium, and small-cap fuel stocks to choose from. We, however, found that the best fuel stocks to buy are those listed below.

  1. ConocoPhillips – Overall Best Fuel Stock to Buy Right Now
  2. ExxonMobil – Great Fuel Stock With a Dividend Aristocrat Status
  3. BP – Global Fuel Stock That Could be Undervalued
  4. PetroChina – Top Fuel Stock For Diversification
  5. PDC Energy – Independent Fuel Stock With Huge Growth Potential

Scroll down to read our in-depth evaluation of each fuel stock.

How To Buy Fuel Stocks – Choose a Broker

Once you know which fuel stocks you want to buy, consider completing your purchase with one of the investment platforms listed below.

  1. eToro – Overall Best Place to Buy Fuel Stocks
  2. Webull – Buy Fuel Stocks at 0% Commission
  3. Robinhood – Great US-Based Broker for Beginners
  4. Interactive Brokers – Trade Fuel Stocks at 0% Commission
  5. Merrill Edge – Online Brokerage With a Variety of Investment Accounts
  6. Ally Invest – Challenger Bank Offering Low-Cost Stock Investments
  7. SoFi – Invest in Fuel Stocks via Fractional Shares
  8. Fidelity – Trusted US Brokerage With 7,000+ Stocks
  9. Zacks Trade – Top Broker for Advanced Traders
  10. E*TRADE – Good Broker for Long-Term Investments

Each of the above platforms will differ in terms of fees, user-friendliness, and other key metrics. As such, we would suggest reading our brokerage reviews further down on this page before you proceed to buy fuel stocks.

Best Fuel Stocks to Buy Now – Full Analysis

This section of our guide will analyze five of the best fuel stocks to buy right now. In choosing the best fuel stocks for our portfolio, we looked at a wide range of core factors.

This includes the strength of the firm’s balance sheet, cost price per barrel, and recent stock performance. We also look at whether or not the fuel stock pays dividends.

1. ConocoPhillips – Overall Best Fuel Stock to Buy Right Now

We found that the overall best fuel stock to buy now is ConocoPhillips. This large-cap fuel stock is US-based and is involved in both oil and natural gas. One of the best things about this fuel stock is that ConocoPhillips has an average cost price of just $40 per barrel. This offers the fuel stock an attractive profit margin at current prices, with oil still trading above $70. Looking at the firm’s recent stock price action, ConocoPhillips shares have increased by over 67% over the past 12 months.

ConocoPhillips stocks

Although ConocoPhillips has a dividend policy in place, the fuel stock is offering a running yield of just over 1% as of writing. As such, if you’re seeking top-rated dividend stocks from the fuel arena, you might need to look elsewhere. Nevertheless, the firm is carrying a P/E ratio of just over 21 times as of writing. Although this might appear somewhat pricey, ConocoPhillips has big ambitions for 2022 – especially concerning new oil and gas operations.

67% of retail investor accounts lose money when trading CFDs with this provider.

2. ExxonMobil – Great Fuel Stock With a Dividend Aristocrat Status

ExxonMobil Corp is, without a doubt, one of the best dividend stocks to buy – not just from within the fuel industry – but across the board. The reason for this is two-fold. First and foremost, ExxonMobil is a Dividend Aristocrat. This means that the firm has both paid and raised dividends annually for at least 25 consecutive years. This shows you that in buying ExxonMobil stocks, you are investing in a firm that offers stability and consistency.

exxon mobil stocks

Second, we also like ExxonMobil as a top dividend stock as the firm is still offering an attractive yield. In fact, as of writing, ExxonMobil is offering a running yield of over 5.8%. In terms of the fundamentals, ExxonMobil stocks carry a huge market capitalization of over $250 billion as of writing. Listed on the NYSE, the fuel stocks have increased by more than 43% over the prior 12 months. Perhaps the main drawback with ExxonMobil is that the firm was recently removed from the Dow Jones.

67% of retail investor accounts lose money when trading CFDs with this provider.

3. BP – Global Fuel Stock That Could be Undervalued

BP is a UK-based oil and gas company with a global presence. This fuel stock has a secondary listing on the NYSE – with a market capitalization of over $87 Billion as of writing. Although BP has struggled in recent years, we would argue that at current prices, this fuel stock is potentially undervalued. First, Starting with the drawbacks, BP stocks have increased by only 27% in the last year. This is somewhat disappointing when you consider that oil has been trading at over $70 for some time.

bp stocks nyse

Over a 5-year period, BP stocks are down 28%. However, BP is home to a strong balance sheet – so there should be no concerns from a financial perspective. Furthermore, as of writing, BP is carrying a P/E ratio of just over 13 times – which offers great value. It is also important to mention that BP has an attractive dividend policy in place. As of writing, the fuel stock is offering a running yield of just under 5%.

67% of retail investor accounts lose money when trading CFDs with this provider.

4. PetroChina – Top Fuel Stock For Diversification

If you’re looking to create a diversified portfolio of fuel stocks that covers various international markets – you might want to consider PetroChina. This fuel stock is the largest oil and gas producer in mainland China, so this allows you to tap into the world’s second-biggest economy. Although US-listed Chinese stocks have struggled this year, PetroChina shares are up 45% over the prior 12 months.

This is largely due to ever-rising global oil prices. However, other factors are at play here too. For example, as of writing, PetroChina is carrying is minute P/E ratio of just over 6 times. This arguably makes PetroChina one of the most undervalued stocks in this marketplace. Furthermore, not only can this fuel stock be purchased on the cheap, but you’ll also be buying shares in a top dividend payer.

PetroChina stocks

As of writing, PetroChina is offering a running yield of over 7.6% based on current prices. Perhaps the main risk with this stock is that in recent months, profits at PetroChina have been somewhat over-reliant on its natural gas division. As such, this is something to keep an eye on over the coming quarters.

67% of retail investor accounts lose money when trading CFDs with this provider.

5. PDC Energy – Independent Fuel Stock With Huge Growth Potential

If you’re looking to buy fuel stocks with huge growth potential, you might want to consider PDC Energy. The firm is an independent company involved in the exploration and production of fuel and natural gas (including liquids) and is behind more than 2,0000 drilling locations. Although PDC Energy was founded in 1955, the firm is still very much a growth stock.

After all, PDC Energy carries a market valuation. of just over $4.5 billion as of writing. More importantly, this fuel stock has outperformed the broader oil and gas market by some distance this year. For instance, while the United States Oil Fund – which is a great benchmark to track the performance of the wider industry, has grown by 55% over the past 12 months, PDC Energy has increased by 143% over the same period.

PDC Energy stocks

There is also a dividend policy in place with this fuel stock, albeit, as of writing, the running yield stands at just over 1%. The main concern with this fuel stock is that as of writing, the firm is carrying a hugely expensive P/E ratio of 111 times. This is, however, potentially due to the sheer speed at which the stocks have grown in recent months – so do bear this in mind.

67% of retail investor accounts lose money when trading CFDs with this provider.

How to Choose the Best Fuel Stocks for my Portfolio?

If you’ve spent some time searching for the best fuel stocks – you will have noticed that there are dozens of companies operating in this space. While most are listed on the NYSE or NASDAQ, smaller firms can also be found on OTC markets.

Regardless of where your chosen fuel stocks are listed, you need to have a firm grasp of how to evaluate the company before investing. For this, you will find some key metrics outlined below which will help you choose the best fuel stocks for your portfolio.

Cost Per Barrel

A good starting point is to try and assess the fuel stock’s cost per barrel. This is a crucial metric, as it determines how much the company is able to make for each barrel that it produces. For example, we briefly mentioned earlier that as per its most recent financial report, ConocoPhillips is able to produce crude oil at approximately $40 per barrel.

This means that for as long as global oil prices remain at over $70, the firm has a super-healthy margin to work from. This also means that when global oil prices begin to retract, this won’t hurt ConocoPhillips as much as other fuel stocks.

P/E Ratio

Another metric we like to look at when searching for the best fuel stocks is the price-to-earnings (P/E) ratio.

  • This allows you to get a birds-eye overview of whether the company is potentially under or overvalued based on the current stock prices.
  • To use the P/E ratio effectively, you first need to evaluate what the industry average is.
  • For example, over the prior 10-years, the P/E ratio for oil and gas stocks has averaged 40 times.
  • This is much higher than the broader stocks markets.

Nonetheless, if you find a fuel stock with a lower P/E ratio than the industry average, this could mean that the company is undervalued.

Stock Performance vs Market Average

On top of the P/E ratio, another way to find the best fuel stocks is to assess the firm’s share price performance against the wider market average. We mentioned earlier that the United States Oil Fund is a great benchmark for this purpose – which has grown by 55% over the prior 12 months.

United States Oil fund

This is one of the main reasons why we like the look of PDC Energy – which was outperformed this figure by some distance at 143%. With growth of 67% over the same period, ConocoPhillips is another fuel stock that has outperformed the broader oil and gas market.

Balance Sheet and Cash Flow Flows

We mentioned just a moment ago that the oil and gas industry has an average P/E ratio that is significantly higher than the market average.

  • The main reason for this is that those operating in this space have huge capital expenditures, not least because of the costs involved in exploration and production.
  • And as such, when searching for the best fuel stocks, it is important to assess how strong or weak the firm’s balance sheet is.
  • In particular, it is a good idea to evaluate how much cash flow the fuel stock has.

In doing so, you can be sure that the company has sufficient levels of cash to fund current and new exploration ventures.

Where to Buy Fuel Stocks – Full Broker Reviews

If you know which fuel stocks you want to buy today, you can now complete your share purchase with an online broker. If you are yet to choose a broker for this purpose, below you will find a list of top-rated platforms – all of which offer a wide selection of fuel stocks. 

1. eToro – Overall Best Place to Buy Fuel Stocks

bitcoin today

All of the fuel stocks that we have discussed on this page are available to purchase at eToro on a low-cost basis. In fact, this popular broker – which is used by over 20 million clients, allows you to buy fuel stocks at 0% commission. What we really like about eToro’s 0% commission policy is that this is offered on both US-listed and foreign stocks. The latter includes markets located in Hong Kong, the UK, Germany, Canada, Saudi Arabia, and more. Additionally, in choosing eToro as your go-to broker, you will be able to buy fuel stocks from just $10 each.

This means that you don’t need to risk large amounts of capital on your chosen stocks – as you can purchase just a fraction of one share. In addition to fuel stocks, eToro offers plenty of other asset classes. This includes dozens of cryptocurrencies, forex pairs, commodities, ETFs, and more. You can also invest directly in other eToro clients via the Copy Trading tool. For example, let’s suppose that you invest $500 into a stock trader. The trader in question allocates 10% of their portfolio into BP stocks – meaning that you automatically invest $50 into the same position.

etoro copy portfolio

eToro also offers pre-made portfolios that track specific markets and strategies. Once you have chosen a CopyPortfolio to invest in, the team at eToro will ensure that it is rebalanced and maintained on your behalf. No additional fees apply when using the Copy Trading and CopyPortfolio tools, albeit, higher account minimums are applicable. In terms of getting started, you can easily open an eToro account in less than five minutes. The broker allows you to deposit funds on a fee-free basis if you’re from the US – and there are plenty of supported payment methods.

This includes everything from ACH, bank wires, and debit/credit card cards to Paypal and Neteller. The minimum deposit at eToro is a very affordable $50. Finally, and perhaps most importantly, eToro allows you to buy fuel stocks in a safe environment – not least because the platform is regulated by the SEC. Furthermore, eToro is registered with FINRA and holds licenses with a number of other regulators – including the FCA (UK), ASIC (Australia), and CySEC (Cyprus).

Pros

  • Invest in stocks at 0% commission
  • Minimum investment per stock is $10
  • Supports debit/credit cards, e-wallets, and bank transfers
  • Regulated by the SEC, FCA, ASIC, and CySEC
  • Used by over 20 million people
  • Perfect for beginners
  • Social and copy trading tools

Cons

  • Perhaps too basic for technical traders
  • No support for MT4 or MT5

 67% of retail investor accounts lose money when trading CFDs with this provider.

2. Webull – Buy Fuel Stocks at 0% Commission

webull review

Founded as recently as 2017, Webull also already attracted millions of US-based investors to its platform. The broker offers a simple way to invest in the stock markets – which is fully supported by its 0% commission policy. This commission-free offering is not only applicable to stocks, but ETFs, options, and cryptocurrencies too.

webull review

However, if you’re looking to buy fuel stocks from the international markets, Webull won’t be the right broker for you. Nevertheless, we like the fact that Webull has no minimum deposit in place and that the broker supports fractional investment tools. This means that you only need to risk a few dollars when buying fuel stocks. Webull is SEC-regulated and registered with FINRA for your safety.

Pros

  • Thousands of US-listed stocks
  • 0% commission trading
  • Also supports ETFs and stock options
  • No minimum deposit

Cons

  • No support for debit/credit card deposits
  • Very limited selection of non-US stocks
  • Spreads can be somewhat high
  • Wire transfer withdrawals cost $25 per transaction

at eToro, #1 Online Broker

 67% of retail investor accounts lose money when trading CFDs with this provider.

3. Robinhood – Great US-Based Broker for Beginners 

robinhood review

When reviewing Robinhood for the purpose of this guide, we found that broker is not too dissimilar to Webull. This is because both platforms target US retail clients with little to no experience in trading stocks. Much like Webull, Robinhood is very limited when it comes to intentional markets. The broker does, however, allow you to buy fuel stocks based in the US at 0% commission.

robinhood review

You can also trade stock options, ETFs, and cryptocurrencies without paying any commissions. We also like that Robinhood supports fractional investments across all of its supported asset classes. And as such, you can buy fuel stocks with just a few dollars. Although most clients are on the free account, Robinhood also offers a gold plan at $5 per month. This comes with leverage facilities and higher deposit limits.

Pros

  • No commissions charged
  • Offers US-based stocks, ETFs, and options
  • No minimum deposit
  • Very user-friendly

Cons

  • Spreads can be uncompetitive
  • No support for e-wallets or debit cards
  • No foreign stocks

at eToro, #1 Online Broker

 67% of retail investor accounts lose money when trading CFDs with this provider.

4. Interactive Brokers – Trade Fuel Stocks at 0% Commission

Interactive Brokers

We mentioned above that neither Webull nor Robinhood are good options if you want to buy fuel stocks from an intentional exchange. With that said, and much like eToro, if this is something you wish to achieve – Interactive Brokers gives you access to thousands of non-US listed stocks. This includes fuel stocks from North America, Asia, Europe, and more.

Interactive Brokers

Like the other brokers we have discussed thus far, US-listed stocks at Interactive Brokers can be bought and sold at 0% commission. On the other hand, foreign stocks will come at a premium and the specific fee will depend on where the company is located. Nevertheless, Interactive Brokers offer plenty of account types – including retirement plans. The standard self-directed account comes with no minimum deposit requirement.

Pros

  • Thousands of investments across 135 markets
  • Advanced trading platform for seasoned investors  

Cons

  • Low fees only offered on US-listed stocks
  • Too complicated for beginners 
  • Debit card deposits and withdrawals not available     

at eToro, #1 Online Broker

 67% of retail investor accounts lose money when trading CFDs with this provider.

5. Merrill Edge – Online Brokerage With a Variety of Investment Accounts   

Merrill Edge review

Next up we have Merrill Edge – which is a trusted US brokerage backed by the Bank of America. When opening a self-directed account with this platform, you can access thousands of US-listed stocks. And, this account type supports 0% commission stock purchases when your chosen company is listed on the NYSE or NASDAQ.

Merrill Edge review

Merrill Edge is, however, very limited when it comes to international markets. On the other hand, you can access automated portfolios at this broker – which is great if you wish to invest passively. The Merrill guided investing account, for instance, requires a minimum deposit of $1,000. However, standard self-directed accounts require no account minimum at all.    

Pros

  • Several account types to choose from
  • Self-directing accounts offer 0% commission stocks
  • ETFs, mutual funds, and bonds also supported 

Cons

  • Financial advisory accounts require minimum investment of $20,000
  • No direct fractional share purchases    

at eToro, #1 Online Broker

 67% of retail investor accounts lose money when trading CFDs with this provider.

6. Ally Invest – Challenger Bank Offering Low-Cost Stock Investments  

Ally Invest review

Ally Invest is a FinTech platform that offers a range of financial services. In addition to personal loans, mortgages, and even digital checking accounts, the platform gives you access to thousands of US-listed stocks. In fact, when using Ally Invest, you can invest in stocks without paying any commission. Other supported markets include funds and fixed-rate bonds.

ally invest review

We like that Ally Invest allows you to buy stocks without paying any commission. However, international stocks are not supported on this platform. Furthermore, and perhaps most importantly, you won’t be able to buy fractional stocks at Ally Invest. As such, if your chosen fuel stock is trading at a high price, this might make the firm unaffordable.

Pros

  • Access banking and investment services via a single platform
  • $0 commission stocks and ETFs
  • No minimum deposit

Cons

  • Does not offer international shares
  • Tools and research features very limited   

at eToro, #1 Online Broker

 67% of retail investor accounts lose money when trading CFDs with this provider.

7. SoFi – Invest in Fuel Stocks via Fractional Shares   

SoFi invest review

In a similar nature to Ally Invest, SoFi can be described as a Jack of All Trades. This is because SoFi offers investment services in addition to bank accounts, loans, credit cards, and more. In fact, we found very little to separate the two brokers. For instance, both platforms allow you to invest in US-listed stocks at 0% commission and there is no minimum deposit threshold.

SoFi invest review

However, SoFi outperforms Ally Invest when it comes to minimum investment requirements, as the broker supports fractional stocks. In fact, at SoFi, you only need to meet a minimum investment of $5 for each fuel stock that you buy. This is ideal for those looking to diversify with a small amount of capital. In addition to stocks, SoFi also gives you access to funds, crypto, and IPOs.

Pros

  • Supports fractional shares
  • Offers stocks, ETFs, and crypto
  • Access to IPOs 

Cons

  • Trading platform comes with limited features
  • No copy trading tools
  • Number of supported assets is somewhat limited

at eToro, #1 Online Broker

 67% of retail investor accounts lose money when trading CFDs with this provider.

8. Fidelity – Trusted US Brokerage With 7,000+ Stocks   

If you’re seeking an online broker that offers pretty much every asset going – Fidelity is likely to be of interest. When opening an account with this broker, you will have access to thousands of stocks, funds, ETFs, bonds, and more. This popular broker also gives you access to IPOs and even the OTC markets. This means that you can buy fuel stocks listed on the Pink Sheets – should you have a higher appetite for risk.

fidelity review

When it comes to fees, this will depend on your account type and chosen market. With that said, if you were to open a standard self-directed account, you can buy US-listed stocks and ETFs at 0% commission. If you’re on a budget, you might also like the Fidelity Stocks by the Slice tool. Put simply, this allows you to invest in any NYSE or NASDAQ-listed fuel stock from just $1 upwards.      

Pros

  • Trusted US-based brokerage
  • $0 commission on US stocks and ETFs
  • Stock Slice tool allows fractional investments of $1 

Cons

  • Perhaps too complex for newbies
  • Non-US assets come with high fees  

at eToro, #1 Online Broker

 67% of retail investor accounts lose money when trading CFDs with this provider.

9. Zacks Trade – Top Broker for Advanced Traders  

zacks trade review

With the exception of Interactive Brokers, the brokers discussed so far typically target casual traders that wish to invest small amounts. However, if you’re a serious investor that is looking for an advanced platform that is aimed at professionals – look no further than Zacks Trade. Put simply, this popular online broker offers a highly sophisticated platform that can be downloaded to your desktop device.

zacks trade review

In doing so, you will find plenty of technical analysis tools, stock screeners, fully customizable charts, and more. You will also find research reports and market insights from leaders in this industry – such as Morningstar and Thomson Reuters. In terms of the specifics, US-listed fuel stocks can be traded at $0.01 per share. Penny stocks (sub-$1 per share) can be traded at a commission of 1%.

Pros

  • Advanced trading platform
  • Huge research and analysis department
  • Great for seasoned traders

Cons

  • Too complex for beginners
  • Cheaper trading fees available elsewhere
  • Minimum deposit suggested is $2,500

at eToro, #1 Online Broker

 67% of retail investor accounts lose money when trading CFDs with this provider.

10. E*TRADE – Good Broker for Long-Term Investments 

E*TRADE review

Last up is E*TRADE – which offers a relatively user-friendly online platform to buy, sell, and trade assets. The broker offers a list of assets that are US-focused, so those seeking to build an international portfolio will need to look elsewhere. Nevertheless, if you want to buy fuel stocks from the NASDAQ or NYSE, you can do so at E*TRADE at 0% commission.

E*TRADE review

There are no minimum deposit requirements at E*TRADE, which is also good for those on a budget. However, the broker doesn’t allow you to directly buy small fractions of a stock. The only way that this can be achieved is if you sign up for a DRIP (Dividend Reinvestment Plan). In doing so, you can elect to have your dividend payments used to buy more shares in the company that made the distribution.        

Pros

  • Great for long-term investments
  • Supports a variety of retirement accounts
  • Low fees  

Cons

  • Very limited number of non-US stocks
  • Won’t suit seasoned investors seeking high-level trading tools     

at eToro, #1 Online Broker

 67% of retail investor accounts lose money when trading CFDs with this provider.

 

How to Buy Fuel Stocks – Detailed & Explained in Full

If you’re an inexperienced trader and seek guidance on how to buy fuel stocks online – this walkthrough will show you how to complete the procedure in less than five minutes.

For this guide, we will show you the required steps with eToro – not lease because the broker offers the best fuel stocks from the US and overseas at 0% commission.    

Step 1: Open a Broker Account

To get things started, open an account at eToro by clicking on the ‘Join Now’ button. Follow the on-screen instructions by entering your personal information, contact details, and a preferred username. After verifying your cell phone number and email address, you will asked to complete a KYC (Know Your Customer).       

how to join etoro

Unlike many of the brokers discussed today – which have manual verification processes in place, eToro will validate your government-issued ID instantly. Just make sure your chosen document is valid and the image itself is clear. 

67% of retail investor accounts lose money when trading CFDs with this provider.

Step 2: Deposit Funds

As a first-time customer of eToro, you will only need to meet a minimum deposit requirement of $50. We like that irrespective of your chosen payment method, you will not incur any deposit fees. This is, however, on the proviso that you are depositing funds in US dollars.

Deposit Funds

The most convenient payment method to use is a debit/credit card, as this will be processed in real-time. You can also choose from an e-wallet like Paypal and Neteller, or stick with a traditional ACH transfer or bank wire.

Step 3: Search for Fuel Stocks

You can browse the eToro website to fund your chosen fuel stocks. With that said, if you already know which company you want to buy shares in, it’s easier to just use the search bar at the top of the page.

ConocoPhillips stocks at eToro

As you can see from our example above, we are looking to buy stocks in ConocoPhillips.

Step 4: Buy Fuel Stocks

Once you click on the ‘Trade’ button situated next to your chosen fuel stock, eToro will populate an order box. This part of the investment process is actually very simple, as eToro simply needs to know how much money you want to invest. 

The minimum stock trade requirement at eToro is just $10. In our example above, we are looking to invest $100 into ConocoPhillips – which gets us just under two shares.

ConocoPhillips stocks at eToro To execute your fuel stock purchase, click on the ‘Open Trade’ button. If, however, the markets are currently closed, you will instead need to click on ‘Set Order’.

How to Buy Fuel Stocks – Conclusion

When buying fuel stocks, you are getting direct exposure to the oil and gas industry. For as long as global spot prices remain high, fuel stocks can represent a viable investment for your portfolio – not least because companies operating in this space can generate higher margins. 

If you are ready to invest in the best fuel stocks right now – eToro is home to more than a dozen US and foreign exchanges. All fuel stocks at this brokerage can be purchased from just $10 and no commissions are charged.  

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About Kane Pepi PRO INVESTOR

Kane Pepi writes for several high profile publications such as InsideBitcoins, the Motely Fool, and Learnbonds. Based in Malta, Kane is extremely skilled at complex subjects related to financial matters - including a Bachelor’s Degree in Finance, a Master’s Degree in Financial Crime, and actively engaged in Doctorate Degree research, for the money laundering threats of the blockchain economy.