Oil – and energy stocks – tumbled in the wake of escalating trade tensions between the U.S. and China – and the fundamental outlook for crude may not provide much reason for optimism, with one analyst cited in today’s article declaring that, with all things pointing to oversupply in the market, “I think there’s really nothing I can look at except maybe a calamity in the Persian Gulf that would drive oil up.” Against this backdrop, one market expert is “suggesting an unconventional way to play the oil and energy space.” For more, CLICK HERE.
A Slick Oil Play
- by Bob Mitchell