Here’s a little 1% er from Argonaut 31/7/18 “This report takes a...

Here’s a little 1% er from Argonaut 31/7/18

“This report takes a closer look at ASX listed oil producers. It is a small cohort of companies that have survived the oil downturn and are now beginning to thrive in the higher oil price and lower cost environment. We also have a look at the macro picture for oil and examine the drivers of crude oil demand as we believe that hydrocarbons will have a place in the global energy mix for some time to come. Our view is that the use of renewable energy will increase but not at the expense of hydrocarbon-based energy due to the growing demand from the emerging world. We believe the demand is being driven by the ongoing movement of people into the ranks of the middle class in emerging countries. Our key pick on the ASX is Otto Energy..”