The energy trade may be seen as outdated, yet current circumstances reveal that the anticipated electric vehicle revolution is faltering, leaving traditional oil investments potentially lucrative.
With the Middle East conflict escalating, there's a substantial risk to oil supplies, suggesting that prices could rebound to earlier highs as tensions continue.
Despite a recent low in spot oil prices, the mega-cap exploration and production companies offer reliable dividends, presenting an attractive opportunity for investors.
Hedge funds are realigning strategies, shorting gasoline and distillate futures while remaining long on oil benchmarks, showcasing a cautious approach to the fluctuating energy market.
Collection
[
|
...
]