Goldman: Expect oil stocks to catch up with rising oil prices [USA TODAY]
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Source: USA TODAY
Skip in Skip x Embed x Share CLOSE The Arctic National Wildlife Refuge has been the subject of political debates for the past 40 years. Here are the facts about ANWR. Time File photo taken in 2014 juxtaposes a video screen on the floor of the New York Stock Exchange with the Goldman Sachs booth. (Photo: Richard Drew, AP) CONNECT TWEET 1 LINKEDIN COMMENT EMAIL MORE Shares in oil companies have underperformed the recent oil price rally, so some of those stocks are set to rise in a long-term oil price of $50-55, according to Goldman Sachs. “The headwinds for the equities have now largely played out: energy has been the worst performing sector in MSCI World, with relative performance of energy equities in the U.S. & Europe lagging their normal relationship with the oil price,” Goldman Sachs analysts said in a note on Monday, as carried by The Street. In the thi
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