RE:RE:3 more years too longThat's correct it took 6 months to get back from $30s then $20s before finally stabilizing back above $50. No one wins in a price war! OPEC+ are low cost producers but many rely on oil revenue to the tune of 70%+ of their country's GDP so lower prices will cause huge revenue gap. $50-55 range closes that gap for most OPEC+ members. They still will need to fill the gap but not as bad as the prices right now and shale companies are still just getting by with little to no cashflow. OPEC wants to make a deal, but the ball is in Russia's court and whether they will play is anyone's guess. Any of us here invested are putting our hard earned money in the hands of Russians... Sadly I don't know how things will end up. Too invested to sell as it would wipe up my savings. Will Cenovus go back up to $10 idk. Deeply sickened by all of this and how fast it occured