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October 04/2017

Goldman Expects Jump in Oil Stocks

Goldman Sachs analysts are expecting an improvement in oil stock prices following the rally in benchmarks.

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According to the analysts, the headwinds that energy stocks faced are now gone for the most part and oil and ga stocks are underperforming oil prices, so it's time for a correction.

Yet, Brent and WTI have started declining yet again as worries about oversupply once again take the spotlight.

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oil, price, Brent, WTI, equities
 

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