Santos and oil prices: don't panic

Oil prices are falling, share prices are falling and investor fear is rising. There is much to observe but little to do yet, says Gaurav Sodhi.

While I've been dealing with soiled nappies for the first time Mr Market has been dumping on the resources sector, with anything related to oil hit particularly hard following OPEC's decision to keep pumping the same amount of oil irrespective of prices.

From the tiny to the mighty lower oil prices are being capitalised into valuations suggesting lower prices are here to stay. But is the consensus right?


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