5 Best Oil Stocks to Buy Amid Post-COVID Demand Boom and Price Volatility

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1. Renewable Energy Group, Inc. (NASDAQ: REGI)

Number of Hedge Fund Holders: 21     

Renewable Energy Group, Inc. (NASDAQ: REGI) is an energy firm that converts natural fats, oils, and greases into advanced biofuels. It is placed first on our list of 10 best oil stocks to buy amid post-COVID demand boom and price volatility. The stock has returned 156% to investors in the past year. 

Renewable Energy Group, Inc. (NASDAQ: REGI) was one of the firms that benefited from the nearly $700 million in coronavirus relief aid from the US government for biofuel companies working in the United States. 

Out of the hedge funds being tracked by Insider Monkey, Chicago-based investment firm Schonfeld Strategic Advisors is a leading shareholder in Renewable Energy Group, Inc. (NASDAQ: REGI) with 501,100 shares worth more than $33 million.  

You can also take a peek at 15 Biggest Oil Companies in USA and 10 Best Nickel Stocks to Buy Now.

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