RE:A must-read for oil investorsThat is a good read, gives some hope. BUT I must say, I don't know what to believe anymore. We've heard for weeks that storage is near full and this article says it's only at 61%?
Am I missing something? Who is right? I think we are on the upswing in terms of the demand side - there's really nowhere else to go. The supply side will definitely be slowing down but it just feels like if prices even got back to a semi-reasonable level, companies would crank up again and we'd be set back.