RE:RE:RE:Nice to see Eric relaxing. Hopefully on vacationIt is interesting.
In all fairness not even the bears/shorts called a July COVID resurgence in May (they were all talking recession/demand destruction)
So to be honest...not 1 expert I read had a pulse on the China lockdown...rinse, repeat....
Also, if you had told me we in July we would be back in China lockdown mode, SPR would be releasing 7m/week and Russia would be unimpacted with volumes...I would have said $100+ was not yet possible in 2022...
But I have always been more focused on 2023.
GotNoPension wrote:
We've been HAD with calls of $150 WTI. Markets are manipulated by power broker CROOKS with agendas in the background and "fundamentals" just don't matter. Makes Nutall look like a monkey. It would appear that Oil stock share prices are DONE. You need Buyers for the share price to appreciate and money has rotatied OUT of oil shares, not in despite amazing free cash flow. Its illogical and sickening but true.