CPG had a good weekThis past week was good for CPG. 3 green days during the 4 trading days during the holiday week. The only obvious headwind that remains is the headline news of Iran striking a deal to rejoin the JCPOA, however, even this forthcoming announcement is, in my opinion, largely baked into the current crude prices.
There are plenty of tailwinds for crude prices, including the re-opening of the economy in North America, Europe, and elsewhere. CPG as one of the most torqued named to the price of WTI price should benefit meaningfully. Good luck!