Market Insights - January 30th, 2017

Self-destruction and resurrection

 

Oil appears rather comfortable in the low $50s after nearly doubling off of the trough lows last February. Is this the new normal, or is the cycle just gearing up for another revolution? In this week’s edition we share our thoughts on the energy market. We examine some of the key supply issues driving prices as well as our thoughts on demand growth and portfolio positioning.