Higher oil prices to bring stability to sector

By Scrutineer
October 19 2016 - 2:00pm
Things are looking up for the energy sector after a tough two years.
Things are looking up for the energy sector after a tough two years.

IN SEPTEMBER we saw US 10-year bonds initially increase in yield and then fall back sharply. The US equity market continued to trade in a narrow band as investors decided whether an impending rate rise signals earnings growth, or the end of the long term bull market. Commodity prices continued to improve with the exception of oil and the Australian dollar prolonged its positive run against most major currencies.

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