The Business Times
business-time-50
COMMENTARY

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.

google-preferred-sourceAdd BT as a preferred source
    • 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

    Ken Fisher

    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.

    oilOil and gas

    TRENDING NOW

    Eugene Lai (left) says that he was sharing a view with Tan Chian Khong that the board needed a refresh and that it was not an explicit direction to resign.

    CSE Global independent director quits after clashes with chairman Eugene Lai over board refresh

    In the last round of bidding, the premium for Category B was S$980 more than that for Category A.

    Cat A COE rate exceeds Cat B for third time in 4 months; premiums largely down

    Some industry watchers wonder if Orchard Road can hold its own next to competing retail destinations, both global and local.

    What’s wrong with Orchard Road? Experts weigh in on the street’s cachet and its future

    Those whose employers actively discourage the use of AI at work have the lowest mental health score.

    Singapore workers experiencing rising anxiety; signs of fallout from pressure to use AI

    Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
    Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
    View More