re 'So can I ask what you believe'Like you, in the short to mid term, I do not see any dominating downside catalysts to oily names at this time, other than if Pukin was to be taken out which would likeley cause a quick 30% haircut. Regardless, that still leaves me trusting the oil trade no further than I can throw a 45 gallon drum full of the stuff - lol
Reverting back to my original premise of stranded assets and escalation of work to mitigate climate change ... when/as/if we are all increasingly impacted on the ground by climate change, there will definitely be some carnage in this oil trade.