Top FTSE oil and gas stocks that investors should check out
Highlights: 1 Oil and gas prices have increased significantly this year, leading to record rates. 2 The higher prices have raised oil firms' profits, making them attractive to investors. Millions of Britons are feeling the heat of rising inflation in the country. Global oil prices touched record highs after the Russia-Ukraine war sparked fears of supply disruptions. Rising post-pandemic demand also contributed to the supply shortage, leading to a huge jump in global prices. Even when the global prices came down, motorists didn't get much relief from the high prices as oil companies continued to charge higher rates. Soaring oil and gas prices, combined with the government's revision of the energy price cap, have put a significant squeeze on the budgets of UK households. The high commodity prices have impacted households and businesses, and the situation doesn't appear to improve in the foreseeable future. Due to the price hikes, businesses too are force