If you have been following my blog in recent months, you would know that I have been blogging about the Oil & Gas (O&G) industry, starting with oil and moving down the industry value chain to Exploration & Production (E&P), Offshore Support Vessel (OSV) and finally ship/rig building sectors. It is time to string everything together to discuss my rescue operations for the upstream O&G stocks that I have carried out since the start of this year. Please note that the rescue operations were formulated before the Brexit referendum and Swiber's application for judicial management. Post-Brexit and post-Swiber, I am not so sure I can pull off these rescue operations. Oil As explained in The Demand and Supply for Oil, there is an inflexion point at around USD35, below which the supply for oil becomes elastic and oil price becomes more resistant to further falls. At this level, it ......