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Why energy will power this bull market higher

Think globally, diversify your exposure by shopping overseas. Seek out the many big integrated firms in the US and Europe.

    • Few expected energy stocks to flounder as they did in 2023, the writer says.
    • Few expected energy stocks to flounder as they did in 2023, the writer says. PHOTO: BT FILE
    Published Tue, Jun 4, 2024 · 05:00 AM

    ARE energy stocks losing power?

    DESPITE the sector’s early spring surge, bears deem energy stocks’ mojo as a now-fading head fake – fuelled only briefly by Opec+ cuts and Middle East war escalation fears.

    Wrong! Deeper fundamentals underpin the sector’s strength and will keep it powered up through 2024. Here is why energy is poised to lead – and how investors can profit.

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