Can Tullow Oil withstand the price of crude? “This Stock Could Be Like Buying Amazon in 1997” Click here to claim your copy now — and we’ll tell you the name of this Top US Share… free of charge! Image source: Getty Images. Our 6 ‘Best Buys Now’ Shares Karl Loomes | Tuesday, 28th April, 2020 | More on: TLW Enter Your Email Address Karl has no position in any of the shares mentioned. The Motley Fool UK has no position in any of the shares mentioned. Views expressed on the companies mentioned in this article are those of the writer and therefore may differ from the official recommendations we make in our subscription services such as Share Advisor, Hidden Winners and Pro. Here at The Motley Fool we believe that considering a diverse range of insights makes us better investors. See all posts by Karl Loomes Renowned stock-picker Mark Rogers and his analyst team at The Motley Fool UK have named 6 shares that they believe UK investors should consider buying NOW.So if you’re looking for more stock ideas to try and best position your portfolio today, then it might be a good day for you. Because we’re offering a full 33% off your first year of membership to our flagship share-tipping service, backed by our ‘no quibbles’ 30-day subscription fee refund guarantee. Simply click below to discover how you can take advantage of this. Oil prices can be volatile. Oil producers, and their shares, usually move hand-in-hand with the comings and goings of crude. For the most part, I believe well-established and financially secure companies should be able to withstand the short-term price troubles we are currently seeing. The problem for Tullow Oil (LSE: TLW), however, is that it was already having problems to begin with.Sweet and sourLast November, Tullow had to announce that the oil it discovered off the coast of Guyana was heavy, and had high concentrations of sulphur. In oil parlance, this is called ‘sour’. Crude that is light and ‘sweet’ produces a higher percentage of valuable derivatives, such as gasoline, when refined. Heavy and sour crude is harder to extract and worth less when it is. With prices as low as they are today, Tullow’s discovery is unlikely to be economically viable.5G is here – and shares of this ‘sleeping giant’ could be a great way for you to potentially profit!According to one leading industry firm, the 5G boom could create a global industry worth US$12.3 TRILLION out of thin air…And if you click here we’ll show you something that could be key to unlocking 5G’s full potential…The company also had to reduce its production target for the upcoming year, due mainly to problems with its key Ghana project. To add to its misery, it was forced to suspend its dividend and announce that both CEO Paul McDade and Exploration Director Angus McCoss had quit.It is perhaps no surprise then that the Tullow share price currently stands almost 90% lower than it did this time last year. Most of this drop occurred in the latter few months of 2019. That said, having reached a low of a little more than 9p per share in March, at 20p things have now started to recover a little.The positives for TullowDespite this collection of bad news, there are some small signs of things looking up…kind of.In March, in its earnings report, Tullow said it would be raising more than $1bn in disposals, as well as cutting staff headcount by 35%. Given current oil prices, however, it seems unlikely that Tullow will see smooth sailing in regards to selling off assets.That said, just last week the company announced it would be selling its stake in a Ugandan project to Total for $575m. Unfortunately this is deeply discounted, and comes far short of the $900m original deal that fell apart in August. Still it was taken well by the market. This week the share price more than doubled from 10p to 25p.Things are still far from certain, however. The company has high levels of debt. Generally, it has been dependent on a relatively high crude oil price to make most of its projects financially viable. I have no doubt that crude will soon (in the next 3 to 6 months perhaps?) return to more normal levels. However, I am far less certain whether these will be the kind of values that Tullow needs.As with many oil stocks right now, there is potential here for good gains to be made. As always, the riskier the investment, the greater the potential reward. Tullow definitely falls in the riskier category. For those able to hold on for the long term, it may be worth a punt. For those looking for a safe haven in these troubling times, however, I would stay away until the oil market becomes less volatile. I would like to receive emails from you about product information and offers from The Fool and its business partners. Each of these emails will provide a link to unsubscribe from future emails. More information about how The Fool collects, stores, and handles personal data is available in its Privacy Statement. I’m sure you’ll agree that’s quite the statement from Motley Fool Co-Founder Tom Gardner.But since our US analyst team first recommended shares in this unique tech stock back in 2016, the value has soared.What’s more, we firmly believe there’s still plenty of upside in its future. In fact, even throughout the current coronavirus crisis, its performance has been beating Wall St expectations.And right now, we’re giving you a chance to discover exactly what has got our analysts all fired up about this niche industry phenomenon, in our FREE special report, A Top US Share From The Motley Fool.