Oil market fundamentals look strong medium-to-long term. Near term, it all hangs on OPEC. Both E&P and oil service shares look highly attractive.

29 Sep 2023
Crude Quarterly Q3'23: higher for longer
Okeanis Eco Tankers Corp (OET:STO), 0 | Okea ASA (OKEA:STO), 0 | OKEA ASA (OKEA:OSL), 0 | Okeanis Eco Tankers Corp. (OET:OSL), 0 | DNO ASA Class A (DNO:OSL), 0 | DNO (DNO:STO), 0 | Equinor ASA (EQNR:STO), 0 | Equinor ASA (EQNR:OSL), 0 | BW Energy Ltd. (BWE:OSL), 0 | BlueNord ASA (BNOR:OSL), 0 | SUBSEA 7 (SUBC:STO), 0 | Subsea 7 S.A. (SUBC:OSL), 0 | TGS NOPEC GEOPHYSICAL CO (TGS:STO), 0 | TGS ASA (TGS:OSL), 0 | TGS Esports Inc (TGS.H:TSX), 0 | TGS Dis Ticaret AS (TGSAS.E:IST), 0 | DOF Group ASA (DOFG:OSL), 0 | Archer Limited (ARCH:OSL), 0 | Aker BP ASA (AKRBP:OSL), 0 | Aker Bp ASA (AKERBP:STO), 0 | AKER SOLUTIONS (AKSO:STO), 0 | Aker Solutions ASA (AKSO:OSL), 0 | AKER ASA-A SHARES (AKER:STO), 0 | Aker ASA Class A (AKER:OSL), 0 | Seadrill Partners LLC (SDLPF:NYSE), 0 | Seadrill Ltd (SDRL:NYSE), 0 | Seacrest Petroleo Bermuda Ltd. (SEAPT:OSL), 0 | Prosafe SE (PRS:STO), 0 | Prosafe SE (PRS:OSL), 0 | BW Offshore Limited (BWO:OSL), 0 | ODFJELL DRILLING (ODL:STO), 0 | Odfjell Drilling Ltd. (ODL:OSL), 0 | KONGSBERG GRUPPEN (KOG:STO), 0 | Kongsberg Gruppen ASA (KOG:OSL), 0 | Panoro Energy ASA (PEN:OSL), 0 | AKASTOR (AKA:STO), 0 | Akastor ASA (AKAST:OSL), 0 | Seadrill Limited (P4F:HAM), 0 | Borr Drilling Limited (B2W:FRA), 0

Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
Crude Quarterly Q3'23: higher for longer
Okeanis Eco Tankers Corp (OET:STO), 0 | Okea ASA (OKEA:STO), 0 | OKEA ASA (OKEA:OSL), 0 | Okeanis Eco Tankers Corp. (OET:OSL), 0 | DNO ASA Class A (DNO:OSL), 0 | DNO (DNO:STO), 0 | Equinor ASA (EQNR:STO), 0 | Equinor ASA (EQNR:OSL), 0 | BW Energy Ltd. (BWE:OSL), 0 | BlueNord ASA (BNOR:OSL), 0 | SUBSEA 7 (SUBC:STO), 0 | Subsea 7 S.A. (SUBC:OSL), 0 | TGS NOPEC GEOPHYSICAL CO (TGS:STO), 0 | TGS ASA (TGS:OSL), 0 | TGS Esports Inc (TGS.H:TSX), 0 | TGS Dis Ticaret AS (TGSAS.E:IST), 0 | DOF Group ASA (DOFG:OSL), 0 | Archer Limited (ARCH:OSL), 0 | Aker BP ASA (AKRBP:OSL), 0 | Aker Bp ASA (AKERBP:STO), 0 | AKER SOLUTIONS (AKSO:STO), 0 | Aker Solutions ASA (AKSO:OSL), 0 | AKER ASA-A SHARES (AKER:STO), 0 | Aker ASA Class A (AKER:OSL), 0 | Seadrill Partners LLC (SDLPF:NYSE), 0 | Seadrill Ltd (SDRL:NYSE), 0 | Seacrest Petroleo Bermuda Ltd. (SEAPT:OSL), 0 | Prosafe SE (PRS:STO), 0 | Prosafe SE (PRS:OSL), 0 | BW Offshore Limited (BWO:OSL), 0 | ODFJELL DRILLING (ODL:STO), 0 | Odfjell Drilling Ltd. (ODL:OSL), 0 | KONGSBERG GRUPPEN (KOG:STO), 0 | Kongsberg Gruppen ASA (KOG:OSL), 0 | Panoro Energy ASA (PEN:OSL), 0 | AKASTOR (AKA:STO), 0 | Akastor ASA (AKAST:OSL), 0 | Seadrill Limited (P4F:HAM), 0 | Borr Drilling Limited (B2W:FRA), 0
- Published:
29 Sep 2023 -
Author:
John Olaisen | ABGSC Oil & Oil Services Research | Haakon Amundsen | Martin Mauseth | Stian Wibstad -
Pages:
52 -
Oil market fundamentals look strong medium-to-long term. Near term, it all hangs on OPEC. Both E&P and oil service shares look highly attractive.