The halcyon days may soon be over for oil and tobacco

With low oil prices and a general move towards fossil fuels, concerns are being raised about the profitability of oil stocks. Nevertheless, energy analysts Todd Heltman and Jeff Wyll at Neuberger Berman are confident that gains can be made, as oil companies are now focusing on reducing their costs. In The Times, they note that the key to benefiting from this is careful stockpicking.