Oil Search (OSH) is the best performing Australian oil stock over the last year but even it still remains well below its March high as crude oil continues to rally ever higher – we believe this is a cork that will pop and OSH could easily rally 20% very quickly which is a solid read through for the rest of the sector. NB: MM owns Santos (STO) which is taking over Oil Search (OSH).
MM’s remains bullish the Australian Energy Sector
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Oil Search (OSH) v Crude Oil Dec Futures ($US/barrel)
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Oil Search (OSH) v Crude Oil Dec Futures ($US/barrel)
