Oil prices climb as revised IEA outlook signals tighter market
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Bernstein: Oil investing - where are we in the cycle?
March 14, 2024 6:00 PM EDTWhen it comes to cyclical industries, analysts at Bernstein stated that the best investors are those who understand where they are in the cycle, and for oil, it is no different.
Addressing the topic in a note Thursday, the firm said that despite oil prices climbing recently, history from previous cycles suggests that the current cycle has further to go, and returns could well go higher.
"Five-year... More
