Key Points
- The energy sector faces a risk-off scenario in 2024, grappling with underperformance amid market shifts.
- Exxon Mobil (XOM) and Chevron (CVX) experience downtrends, signaling challenges and outflows within the sector.
- Geopolitical tensions and OPEC decisions further contribute to the energy sector's complex landscape.
- 5 stocks we like better than Schlumberger
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