An interesting aspect about energy is that there's always something new to learn or relearn. And that's likely also a reason why generalist investors tend to stay away, and that the S&P energy index weighting hovers around a lowly 6%. Just recall a recent series of events: Investors warmed to E&Ps' reinforced resolve to hold spending to within cash flow, or close to it, during first-quarter calls. Some market commentators began to talk about a rotation into energy. Production in Venezuela was on a downward spiral, and the U.S. had imposed new sanctions on Iran.
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