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- Recession fears this summer shaved more than $20 per barrel off of oil prices and led to similar percentage declines in many energy stocks, leaving the sector as a whole attractively priced.
- Despite economic noise from Euroland and the U.S., our focus is on China, and specifically whether it can successfully navigate a shift from an investment-driven to a consumption-driven economy, and the implications for oil demand.
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Jason Stevens has a position in the following securities mentioned above: WLL. Find out about Morningstar’s
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