“Is the oil industry ready to give investors what they want?” asks a new research note from equity analysts at Sanford C Bernstein.
After nearly three years of industry instability, as the price of oil has remained depressed, oil majors have cut costs and mega projects have been put on ice, is the industry finally ready to start growing again, or should investors continue to steer clear of the what’s arguably still the most hated sector in the market?
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