Goldman Bets Europe’s Oil Stocks Will Shine as Crude Stays Murky

By hellenicshippingnews. European oil producers' lower capital spending will help the region's least-loved stocks to a standout performance this year, supported by the best quarterly cash generation in six years, according to Goldman Sachs Group Inc. “All stars were aligned in the first quarter 2017,” Goldman analysts, including Michele Della Vigna, said in an emailed […]

Published May 16, 2017

By LizOutLoud

By hellenicshippingnews. European oil producers' lower capital spending will help the region's least-loved stocks to a standout performance this year, supported by the best quarterly cash generation in six years, according to Goldman Sachs Group Inc. “All stars were aligned in the first quarter 2017,” Goldman analysts, including Michele Della Vigna, said in an emailed note. “We ... Read full story ›

Source:: Hellenic shipping news Oil

      

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