Trimming Some of Our Hedges
We reassess the various hedges against lower oil prices that we’ve highlighted over the past two years.
Buying the Selloff: Upbeat on Downstream Operators
Shares of US refiners have languished in recent months, but out outlook for regional crude-oil prices suggests that our two favorites should be in the money once again in 2015. Meanwhile, our favorite airline stock provides a hedge against lower crude-oil prices and has sold off precipitously amid fears that an ebola pandemic will curtail travel. Buy now.
