$Chevron(CVX)$ $SINOPEC CORP(00386)$ $China Petroleum & Chemical(SNP)$
Over the last week, I started digging deeper to solve the question of whether US oil majors are really increasing investments into drilling/exploration/production activity.
The short answer is they certainly do and plan to do so over an extended period of time. Good news for production over the long term.
I'll talk about that topic more in my upcoming reports and posts.
BTW If you would like to see more commodity and macro content like this - consider following me on Twitter @lukaskuemmerle
Macro Trend
Monetary policy, various types of price indices... Here is everything about the macro economy!
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments
Whole marker is manipulated