RE:RE:Interesting Cobalt wrote: Just China news coming in extra bad today.
I don't think that is the reason. I will add that as I post this, oil is still green and coupled with the 2%+ gain from yesterday, we should see a higher sp price than Friday's close and yet ALL my oil stocks are red. Regardless of what China's situation is, they still will need oil and it's trading in the mid/high $80s. Yet we don't see that reflected in the sp of oil producers. Is there a shortage/supply issue or not?