Argonautica

Professional investors can review published thought leadership and market updates from the Argonaut Investment Team.

1 post found for March 2015

‘The imminent end of Crude’s dead-cat bounce and opportunities in the Energy sector resulting from the oil market price war’

As we highlighted through H2 2014, we believe that recent turmoil in the oil markets is to do with physical supply and a direct result of the first price war amongst Energy producing nations since 1986, which will be broadly positive for economic growth, but result in a new paradigm in the oil market whereby crude prices remain lower for longer, until at least Saudi Arabia (the lowest cost producer) achieves some or all of its strategic aims. Since the middle of January, however, the price of Brent…