a little short covering today ...
. . . from those who know greed can kill a good gain.
I'd LOVE to think this firming it's sustainable ... but who knows how far the Opec Sovereign funds and US hedge funds shorting oil stocks into these depths, can push this oversold BS.
This rout has demonstrated one thing very clearly. Markets do as they are told by big money and ruthless computers, and everyone else has to get with the program or get run over.
$80 for oil in a couple of years and everything will have changed. Fingers crossed.
Good luck!