Outlook for Oil Prices and Energy Stocks

Sunday, October 11, 2009













Tim Seymour on the oil market outlook:

- Opec meeting next week;
- Contango is diminishing, going away, that is bullish for oil prices;
- Conoco makes sense in a relative basis at least, higher beta play then Exxon;
- European oil stocks are cheap, BP and Total with 9% and 7% dividends;

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