Energy Stock & ETF Picks: XOM, CVX, MLPA, MPLX

Rohan Reddy, Research Analyst at Global X ETFs, thinks prices of oil will remain above the $90 level for an extended period without the 10% global supply that is Russian oil. He thinks there will be more OPEC supply coming online to make up that shortfall. He likes energy stocks such as Exxon Mobil (XOM) and Chevron (CVX). Rohan also like the pipeline stocks, specifically Enterprise Product Partners (EPD), Williams (WMB) and mentions ETFs tickers MLPA and MLPX. He thinks these are good for asset allocation and long-term investors.