Morgans Sector Updates

Sector Update: Oil - Adrian Prendergast, Senior Analyst


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We expect the panic selling to continue in oil futures markets and ETF’s and for it to extend into June.
We have been waiting for this kind of oil price volatility (waiting for it to hit rock bottom) so we can gain conviction on our buy ideas, and it looks like it is quickly approaching.
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Morgans Sector UpdatesBy Morgans Financial Limited