Balanced Portfolio Recommendation: Energy Rebalance Switch 2% Woodside Energy Group (WDS) to Karoon Energy Ltd (KAR)
By selling Woodside Energy Group and buying Karoon Energy, we strategically increase our portfolio’s exposure to crude oil.
By selling Woodside Energy Group and buying Karoon Energy, we strategically increase our portfolio’s exposure to crude oil.
With the Hamas-Israel conflict escalating, oil prices are poised to rise due to potential supply disruptions. Karoon Energy, holding a significant interest in Brazil’s Santos Basin, is well-positioned to benefit from these price surges. An entry at <2.57, targeting >3.00, captures this anticipated oil price uptrend. The 9% trailing stop loss offers a protective measure. In this volatile oil market, Karoon presents a timely and strategic investment opportunity.