Caution needed with oil and gas stocks
According to analysis from VnDirect, oil prices will cool by the end of the year and gradually decline as additional supply from Iran, the US, and OPEC countries meet demand. Caution is needed with oil and gas stocks at the moment, because the risks outweigh any upside. Investors should focus attention on oil and gas stocks that are less sensitive to prices and associated with the long-term development of the industry.