IEA Just Reduced Oil Demand for 2022Imho it will wane further as economies rollover. 2-3 yrs ago most energy were a table pounding look. Do I see now? Just go look at the charts of shopify, Facebook etc etc. If we were to get a clear picture from policy makers on the future of oil then I would say yes the sector has more sling shot moves. But in my opinion those have already realized these massive moves and now are in holding patterns to see what the macro economic holds for future demand REGARDLESS of Russia supplies. I also see the iMF revising GDP from 4.1 down to 2.8
happy trading good oil insight hope the thrashers come out in full force. Lol
jmho as always