EnergyWatch

Strategist claims better times ahead for oil companies on mysterious market

Q2 was tough on the major oil companies, which can now look forward to rising prices, an assessment maintained by Jan Bylov, oil strategist at Danish bank Jyske Bank. The assessment holds despite major geopolitical uncertainties on a market where many are wondering why stockpiles have not diminished.

Major oil companies have had tough conditions in recent months, but now coming price increases may accelerate business. Photo: Charlie Riedel / AP / Ritzau Scanpix

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