Integrated Oil's Business Model: A Risk Mitigator In Brexit Scenario

Integrated Oil’s business model is highly diversified across the hydrocarbon value chain and across geographies, and such a business model is an important risk mitigator in a Brexit scenario, believe analysts at Morgan Stanley. Martijn Rats and colleagues said in their June 17 research piece titled “Oil & Gas – Brexit Scenario – Implications for the Majors” that the sector may witness a larger impact from sentiment and “macro” moves in the event of a Brexit vote. Sterling and euro could drop in Brexit scenario Rats and team focus on two areas in which the operations of the European Majors are likely to…