Passd event: CFA Society Boston webinar: Oil, What Story Do You Tell Yourself? 8.4.2021
Members event
date & time
08/04/2021 7.00-8.30 EET
CFA Society Boston is organizing a webinar on the state of oil industry and the path it might be taking in near future.
“2020 was a historic period for global markets, particularly the oil market and energy stocks. The year that ushered in a pandemic across the globe inflicted substantial demand-side damage to a sector already hobbled over the past few years by secular headwinds. The price of a barrel of oil experienced one of the worst price drops on record, with contracts for West Texas Intermediate (WTI) crude oil at one point trading at negative prices. The S&P 500 Energy Sector posted the worst total return performance among all the sectors--down 34%--and sits at a historically low market-cap weighting of around 2% within the large-cap index.”
Where do oil markets and energy stocks go from here? Does the oil market have the fundamental setup to rally beyond its current level? How should investors evaluate the alpha opportunities among the various energy sub-industries?
Speaker in the webinar will be Warren Pies, ERP, Founder and Chief Macro Strategist of 3Fourteen Research. Warren will provide an overview of the mechanics that drive the oil market and his outlook for the energy sector.
Check out more and the speaker info on CFA Society Boston website.
You will be able to register 1 PL credit for attending this webinar.