As fears over the global energy supply came back into focus last week, Goldman highlighted six oil and gas themes which it said looked attractive into the year end. The investment bank says "the sweet spot" for energy stocks is around $90 per barrel for Brent, in the long term. Brent crude futures are currently hovering around the $90 mark, trading at $90.71 a barrel on Friday.
In particular, it singled out a number of oil stocks which it said had attractive total returns looking ahead. These included oilfield services firm Schlumberger , with a price target of $46, giving it potential upside of 20%, and Diamondback Energy , with a price target of $155, or 17% potential upside. Six oil and gas themes — and stocks Goldman also listed six oil and gas themes it says are attractive, with related large-cap buy-rated stocks under each. 1. U.S.