Diverging Developments in Oil Markets vs. Energy Shares

by Walter
Sober Look
Let’s take a look at the recent developments in the US energy markets and the seemingly contradictory reaction by equity investors.
First of all, while we continue to see significant declines in the US rig count (both oil and gas), …
[...] … American crude oil production remains at record levels and still rising. It’s going to take time for this momentum to turn.
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