RE:Somewhat PerplexedMy 2 cents:
- The push to green is on ... carbon tax is the new normal !
https://boereport.com/2021/04/15/oil-to-hit-40-by-2030-if-climate-goals-are-met/
- OIl has had a very good bounce off the bottom - profit taking.
- Feb to May seasonal strength may be ending earlier this year.
- Variants inhibiting confidence about demand and follow through economic bounce.
- Sell in May and go away starting early - why hold through a long unknown summer if you can take profits now.
- Nuttal is lone perma bull on BNN
Others are just guarded closet oil investors - lol
Rising demand still not hitting investors over the head yet.
Crypto currencies in vogue and diesel trucks not so much - lol