Notes
KEYBANC: VENEZUELA ACTION COULD PUSH OIL PRICES HIGHER
KeyBanc’s Tim Rezvan keeps a $65 WTI outlook after the U.S. captured Venezuelan President Maduro. He warns Friday’s oil prices underestimated geopolitical risks, including regional ripple effects in Mexico and Colombia, a possible U.S. attack on Iran, and tensions with Russia and China.
Rezvan highlights overweight oil picks: $FANG, $MGY, $MTDR, $SM, $TALO, noting markets remain complacent amid rising global risk premiums.
