Huatai Securities: Focus on energy oligarchs with the ability to increase production and reduce costs, as well as incremental natural gas business with high dividends.
Huatai Securities research report indicates that in the long run, considering the marginal costs of major oil-producing countries and the demand for "quality over quantity", the core support level of oil prices is around $60 per barrel. Energy leading enterprises with the ability to increase production and reduce costs, as well as incremental growth in the natural gas business, may present opportunities for allocation.
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