Petro One Energy Corp CUDBF

$38 WTI / $43 Brent was rock bottom

[MP9.s]

Oil will still be inelastic for another 5 years. India is about to have it's own Industrial Revolution with capital moving from China as their labor costs are getting are too high. That puts a floor on prices. AND I expect the $USD cash awash Arabs(up to 20 million barrels/day even without Iran) to stop selling oil THIS WEEK completely for 2-3 months and then resume selling slowly at ridiculously high prices. It's the likely outcome IMHO.