RE:I was spot on with COVID 19, I’ll be on storage tooAs I warned you the OPEC+ deal would be impotent and irrelevant. The agreement to cut production by 10 million barrels per day for two months is not enough, not even close to enough. So the marketplace will force the cuts as global storage capacity is essentially breached at some point within the next two months. The marketplace always has the last word eventually.
I warned you on this very message board of the huge deflationary impact coronavirus would have, and in particular on oil, over two months ago. People here mocked and ridiculed me as they held and bought VET shares around $20 per share. Many held these shares all the way down. I’m sure it will happen with my current call on storage. Ignore me at your risk.
VET is extremely vulnerable in this environment. JMHO. GLTA.