Zacks.com featured highlights include BP, ExxonMobil, ConocoPhillips and Eni

What happened: Zacks featured BP, ExxonMobil, ConocoPhillips and Eni among 29 low-beta stocks it says qualified, citing market uncertainty, high oil prices amid Middle East tensions and upcoming U.S. midterm elections. Key numbers: WTI crude trading at more than $100 per barrel. EIA projected WTI at $88.21 per barrel this year versus $65.40 last year. Why it matters: The article argues investors should raise allocation to low-beta stocks as the market is expected to remain highly volatile, and says high crude prices support exploration and production earnings at these companies. Market: +0.1% today ($50.39), +44.1% YTD, 1.1x vol — as of 22:46 UTC

Zacks featured BP, ExxonMobil, ConocoPhillips and Eni among 29 low-beta stocks it says qualified, citing market uncertainty, high oil prices amid Middle East tensions and upcoming U.S. midterm elections.

The article argues investors should raise allocation to low-beta stocks as the market is expected to remain highly volatile, and says high crude prices support exploration and production earnings at these companies. Market: +0.1% today ($50.39), +44.1% YTD, 1.1x vol — as of 22:46 UTC