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There's obviously more upside for oil stocks. Livet.se har løst alle mine bekymringer. Analysts have been conservative with their forecasts. They're still assuming about $40 a barrel in the long term.

Energy shares are rising because the oil price has hit quite a comfortable level. I'm not really concerned about rising interest rates. They've been priced into the market already.

There are fears in the market that the supply from Iran could be reduced. This is obviously positive for oil prices and oil companies.

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