All a Ponzi SchemeIt will be three years ago in july of 2014 that the '' GLUT '' of oil began HaHaHaHa...... ya right
Now fast forward three years and we see a vast number of specialists in the feild of energy
such as:
Government agencies such as the IEA
Hedge fund Managers from small funds all the way up to black rock
World known commodity brokers
These folks would now have you beleive all the projections with regards to Api numbers Eia
numbers, floating ships with or without oil, refining capacities and all the other mumble jumble
I ask were where all these inteligent beings in the months and years leading up to July 2014
When you figure that out then you will no wether or not to invest in oil stocks,,