Lack’s Energy Picks in Crude’s ‘Bear Market’: OKE, LNG, NEXT
Schwab Network · Schwab Network
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Show Notes
Crude oil is clearly in a bear market, argues Simon Lack. He contrasts OPEC+ announcing a production hike even as supply goes up around the world with many expecting that oil demand will plateau. He thinks energy demand is rising in less developed nations to offset lowered demand elsewhere. His stock picks include Oneok (OKE), Cheniere (LNG), and NextDecade (NEXT).
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