5 Oil Producers For Your Portfolio
The energy producers have been going strong for the past eight months. There is still upside left, especially if you own the right stocks. Here are five that can help your portfolio exceed expectations.
Talking Tankers
The supply-demand balance for oil tankers will weaken over the next two years, with capacity additions outstripping demand growth related to emerging trade routes, global production trends and increasing oil consumption. Nevertheless, many tanker stocks trade at valuations last seen when the market faced much bigger challenges. Meanwhile, the outlook for refined-product tankers looks better, with a smaller order book and Saudi Arabia’s growing focus on exported value-added products instead of crude oil expected to keep the supply-demand balance relatively tight.
