DBS: Constructive on Europe oil players despite recent correction

6 February 2020 | 1 minute read

DBS Bank is urging investors to stay constructive on Europe oil majors, believing the recent correction within this sector did not originate from fundamental weakness. “We attribute the correction to global risk aversion and to any fundamental weakness in the sector. What adds to the anxiety is the current earnings season, which could show some disappointment due to weak oil…

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