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Energy Stocks Remain Undervalued, Says World’s Best Performing Hedge Fund Manager | Josh Young
Forward Guidance
The Impact of Brexit on Oil Prices
The UK recently announced a 25% tax on oil and gases producers' profits. It's not a surprise that shortly after the UK heavily taxed one of the potential fields that could drive additional production, the North Sea, oil prices are higher. There haven't really been too many policies, at least in the US that have been imposed, that had immediate negative price impacts on oil. But it does seem that there is this pattern, which is that the policies generally also going back to Trump.
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