Reported 8 months ago
Oil prices have been increasing due to geopolitical tensions and summer demand, prompting Wells Fargo senior energy analyst Roger Read to discuss the impact on the industry. OPEC's plan to bring more oil into the market in a rational manner is a key factor to monitor. In the integrated oils sector, Chevron is highlighted as a top pick, while Suncor is emphasized in international exploration and production. Phillips 66 is recommended in the refining sector for potential investments.
Source: YAHOO