Oil down near USD40 but we maintain fair value is USD 60

Oil may test USD 40 but we maintain our view that the fair value of oil should be at USD 60.

Current market weakness dampened by 1MDB issues together with low oil price.  However we see this is an opportunity to continue buying into cut throat discounted price of many securities.

Leave a comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.

Create a free website or blog at WordPress.com.

Up ↑