High-Conviction Overweight The recent drone attacks on Saudi Arabia’s oil processing and production facilities have re-concentrated investors’ minds on reassessing geopolitical risk premia in the crude oil market…
Overweight S&P oil & gas exploration & production (E&P) stocks have closely tracked crude oil prices, but recently a wide gap has opened and we reckon that it will likely narrow via a catch up phase in the…
Highlights Portfolio Strategy Firming relative profit prospects, rising likelihood of an oil price spike and higher geopolitical risk premia, bombed out valuations and extremely oversold technicals all signal that an…
According to KSA officials, repairs to the damaged 7-million-barrel-per-day processing facility at Abqaiq will mostly be completed by month-end. Relative to last month, we are not changing our price forecasts much, with Brent…
Energy Stocks Are Heading North Banks Clamoring For Higher Rates And A More Hawkish Fed Homebuilding Stocks Are Catching Up To Housing Starts Will Global Trade Get “Fed-Exed”? Do Not Try To Bottom Fish……
Germany’s most important energy source is still oil which accounts for over a third of its primary energy use. Moreover, 98 percent of Germany’s consumption of oil depends on imports. Most of Germany’s oil…
Dear Client, Owing to BCA’s 40th Annual Investment Conference in New York City next week, we will not be publishing a report on Friday, September 27. We will return to our regular publishing schedule on Friday, October 4, when we…
Dear Client, BCA’s New York conference takes place next week on September 26-27, and I look forward to meeting some of you there. Because of the conference, our next report will come out on October 3. Dhaval Joshi Highlights…