MARKET COMMENT Majors Oils Rise in Q3 But Uncertainy of US Debt Crisis Lingers

摘要

Shares of most of the world's integrated majors posted solid gains in the third quarter, mitigating the losses many suffered during the first half of 2013 when they struggled amid weakening oil prices (EIF Jul.3'13). The EIF Global Oil and Gas Index, which tracks the world's largest publicly listed international and national oil companies, rose by 4.6% last quarter, roughly matching the 4.7% gain posted by the US S&P 500 Index over the same period.