
Surveillance: 'Springy' Oil with Blanch
Bloomberg Surveillance
00:00
Is the 6040 Dead?
I always like to hope to be a little bit contrarian in nature because I found that's usually the right place to be. Brent, you mentioned commodities and let's end there because we've been talking about the divergence between energy stocks and other commodity equities that are doing very well. And then you're looking at a crude price that's so low as going back to December of 2021. Can you have conviction to continue buying energy equities in the face of prices that are dropping in the crude space? There will still be companies that make money within the crude space. I think you just need to focus on picking the right ones.
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