The bank has upgraded the energy sector to 'attractive' as oil demand forecasts have improved on better-than-expected economic growth in the major economies.
A robust oil outlook on stronger than expected demand this year should provide a "hot summer" for energy stocks, according to Morgan Stanley. The investment bank has upgraded the energy sector to "attractive" as crude oil demand forecasts have improved on better-than-expected economic growth in the major economies. Morgan Stanley's top picks to play the oil rally are BP , TotalEnergies and Repsol . The bank expects demand growth of 1.
Analysts are saying this chipmaker, which just held an AI event, is the most levered to the trend besides Nvidia
Repsol SA Repsol SA Totalenergies SE Totalenergies SE BP PLC BP PLC Investment Strategy Energy Breaking News: Markets Markets Breaking News: Investing Business News
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