Aussie M&A tipped as oil bulls come out

BARGAIN hunters in the oil business could do well to open their wallets and start buying assets if the latest reports from analysts such as RBC Capital Markets and Andurand Capital Management are on the money, because suddenly the lower-for-longer scenario seems a little more precarious, and companies such as Santos and Origin Energy look ripe for the taking.

Aussie M&A tipped as oil bulls come out Aussie M&A tipped as oil bulls come out Aussie M&A tipped as oil bulls come out Aussie M&A tipped as oil bulls come out Aussie M&A tipped as oil bulls come out

RBC's Helima Croft wrote over the weekend that oil prices are likely to rebound to around $US70 per barrel within two years, and while Croft describes the recovery as a "lengthy, two-tiered process",

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