Look To Oil Service Stocks As Oil Prices StabilizeRupert Hargreaves
As volatility returns to oil, analysts at Ned Davis Research Group have published a research presentation on the current state of the oil market and the course they believe oil prices will go up.
According to the research group’s energy strategist Warren Pies, we have most likely passed the bottom of the most recent down cycle for oil as energy commodities run in multi-year mean reverting cycles, and we are currently at the bottom of the recent market trough.
exclusively for paying members. Access all of our content on including years of timeless investment news and in depth analysis for only a few dollars a month by signing up here while also supporting quality content and journalism, or learn more about our premium content here
If you are subscribed and having an account error please clear cache and then cookies if that does not work email email@example.com and we will get back to you as quick as humanly possible