Oil well investing is being closely watched after
Oil well investing is being closely watched after consecutive weekly gains in rig counts. Sector rotation strategies are emerging, moving capital from downstream refiners into upstream exploration firms. Annual Dividend Yield (Forward): Left blank so I can arrange the list with it. Oil is a basic necessity of modern life, and it’s among the most strategic commodities. So it’s not surprising that oil is a popular investment, and while green energy has become a growing force recently, modern economies will need oil for a long time, putting a floor under its price. Institutional demand for oil well investing assets has risen, reflected in a 14% increase in open interest within crude-related equities. This aligns with macroeconomic forecasts of steady demand recovery in emerging markets.
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