The rise in the price of oil, with a barrel of Brent crude now back at a five year high of $85, has almost gone unnoticed this year in comparison with US monetary policy, trade wars and the stock market hegemony of the FAANGS. We believe that the causes of oil’s recovery have been multi-faceted, likely to endure for some time and that the energy sector currently offers some of the best opportunities in global stock markets. Moreover, in a stock market which is now wary of mature bull markets and…
‘Main Street beating Wall Street should be just fine for oil stocks’
10 Oct 2018
Posted by Barry Norris