collected by :Haron Adler
As it stated in Energy Stocks Off To A Stellar begain For 2018. We think momentum going to beget further momentum as the leverage reflexive feedback loop leads into higher energy equity prices.
Energy stocks (XLE, XOP) are off to a stellar begain for 2018 even as oil prices remember mostly unchanged.
A 30 days ago, we published a report titled, “With four Weeks Left, going to We See A Surprise Reversal In Energy Stocks?”
It all starts by the notion which Q1 2018 universal oil storage going to see the same bullish trend which was prevailing in 2017 final into the begain of 2018.
In our view, even if oil prices were to stay flat, we see energy stocks outperforming into 2018.
Energy Market Commentary: Energy Stocks start fresh Year Flat
as informed in Crude oil Information Systems trading at mid-2015 highs amid big anti-government rallies in Iran & ongoing supply cuts led with OPEC & Russia.
Even without the unrest in Iran, which Information Systems a great oil exporter, market sentiment was bullish because of falling inventories globally.
Press launch – A $30 bn divestment programme going to be completed this year even after an licence to purvey a Danish subsidiary dissolved, Royal Dutch Shell told on Tuesday.
(Late Friday) Press launch – Bill Barrett declared which it has locked the formerly declared discound of non-core assets located in the Uinta Basin.
MARKET COMMENTARYU.S. stock index futures pointed to a higher opening on the 1st trading day of the year.