London, United Kingdom (PressExposure) September 02, 2009 -- "Zen International" sources say that the firm's bullishness, both on China's recovery and the secular bull market in crude oil, has been proven correct after PetroChina, the world's most valuable company posted 2nd quarter profits that beat analysts' expectations.
The firm has made no secret of the fact that it regards crude oil and the biggest "screaming buy" - a fact it attributes to the supply-side dynamics of increasing demand from both China and India in the coming years.
Analysts at "Zen International" say that as oil is becoming more difficult to find and extract, it stands to reason that increased demand from the two emerging markets and the eventual recovery in Western markets will place undue strain on supply.
The firm continues to advise its clients to buy stocks in oil explorers and services companies citing those firms' specializations will become increasingly important to major producers in the years going forward.
Increased living standards in both China and India will see many more consumers purchasing cars and "Zen International" believes that they will be competing with the Western consumer for a dwindling resource so it is inevitable that the price of oil will rise.
The Asian-based broker advises its clients to buy certain stocks on market pullbacks with a view to holding for the medium to long-term.