How should investors approach oil companies according to the speaker?
Dicker: Pick Your Oil Company, They're All Winners
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The transcript discusses Exxon's potential write-down of 5 billion barrels of oil and speculates on a significant OPEC deal expected on November 30th. It highlights Saudi Arabia's readiness to contribute 2 million barrels to ensure the deal's success, even without support from other countries. The speaker suggests that now is a good time to invest in oil companies, predicting a market rally by the end of the year.
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OPEN ENDED QUESTION
3 mins • 1 pt
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What is the expected price rally for oil by the end of the year?
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