How to Play a Muted Oil Recovery
March 27, 2015 at 12:20 PM EDT
Deutsche Bank’s Mike Urban and team think oil is poised for a recovery, but not a big one–resulting in downgrades for Precision Drilling (PDS) and Pioneer Energy Services (PES) to Hold from Buy. They explain why: Getty Images We believe that commodity fundamentals are tightening at the leading edge. Although, an Iranian settlement remains a wild-card for [...]
