good run time for a breakMEG had a good run to 7.30 range and you can't complain about that run if you bought under 4 or even 5.
oil is going to trade sideways or even down until we get more positive data and production freezing meeting, so oil stocks might retrace some of their gains.
I found the US produciton decline of 30,000 bpd for week ending march 18 very telling about what's going on in uS shale basins and that's with new GOM production coming on stream.\
so longer term US shale produciton willl keep dropping and some expect a drop of over 1 miilion barrels per day by the end of 2016.
short term oil will be volitile as you are geeting many confliecting stories about this and that, but long term oil will get back to 50 plus by q4-16.
GLTA except lamshitbrains