RE:Oil is not a free market good
everybody knows the oild price will be higher in 5 years. The question is how low it will go before it start to rise and when.
The purpose of this war price is to destroy some shale oil companies and so far none have cut production or went out of business. Even worse big companies like Suncor and CNQ are increasin their production.
Until I see blood I don't suggest anyone to buy. More bad news is coming. If you want really to make money just wait be patient and buy when you will see production cutting own with companies going out of business