|
|
Article: Salomon Brothers issues report on international oil stocks.
- Article from:
- PR Newswire
- Article date:
- January 9, 1986
CopyrightCOPYRIGHT 1986 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
|
NEW YORK, Jan. 9 /PRNewswire/ -- The negativity that has developed toward international oil stocks because of growing investor concern about the possibility of a sharp break in world oil prices is unjustified, according to a major report by the stock research department of Salomon Brothers, international investment banking, market making and research firm.
Written by Dr. Paul Mlotok, senior international oil analyst at Salomon Brothers, the report is entitled "International Oils: After the Fall, The Effect of Lower Oil Prices."
"The impact of lower oil prices on the financial performance of the international oil companies would be less severe", Dr. ...