What “Higher for Longer” Means for the Markets and Economy 12/14/22
CNBC's "Fast Money"
00:00
Oil Service Is Going to Be a Great Option for Oil Equities
We're saying halibut and on the long side. The oil off-shore drilling market is getting very tight. There's a lot of fresh drilling that needs to go, and I think you can stay in this trade. High oil prices are not an environment to necessarily be chasing oil stocks because no one believes those prices are sustainable.
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