RBC downgrades for oil firms

RBC Capital Markets has dropped Oil Search back to a ‘sector-perform’ rating, the same class as Santos, while Woodside Petroleum has been reduced to ‘underperform’.

RBC downgrades for oil firms RBC downgrades for oil firms RBC downgrades for oil firms RBC downgrades for oil firms RBC downgrades for oil firms

Ben Wilson

Analyst Ben Wilson downgraded the companies last week after looking at their latest quarterly results and RBC's own short and long-term oil price predictions.

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