Standard Chartered PB expects European energy sector to outperform

18 April 2019 | 1 minute read

Standard Chartered Private Bank believes Europe’s energy sector will outperform the MSCI Europe Index over the coming six-to-12 months, owing to global oil prices. “The sector has undergone restructuring following the plunge in oil prices in 2018 (and earlier in 2015), reducing debt and bringing down breakeven levels,” the bank said. “More recently, the decision by OPEC and its partners…

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