Oppenheimer’s top picks in oil refining and marketing
Seeking Alpha ·
Oppenheimer analysts have upgraded the energy sector ( XLE ) to “tactically attractive” following crude oil's ( CL1:COM ) rebound from its $68 support level on March 2, according to Oppenheimer. The strategists noted that while the commodity itself remains range-bound, the relative strength of
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Oppenheimer upgraded the energy sector (XLE) to tactically attractive as crude oil (CL1:COM) rebounded from its $68 support level on March 2. While the crude commodity itself remains range-bound, relative strength in the refining and marketing segments is notable. Investors need to utilize this support bounce to strategically adjust their exposure to energy-related assets.
상승 영향
- Crude Oil — Crude oil prices rebounded from the $68 support level, securing short-term downside rigidity and improving investor sentiment.
- Energy — Oppenheimer upgraded the energy sector (XLE) to tactically attractive, with benefits expected for the refining and marketing industries.
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DYAX Investor Sentiment
Bullish (Long) 53% · Bearish (Short) 47%
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