Venezuela 0 rigs Venezuela 0 rigs is another indicator of the cycle. A draw during a world wide pandemic. A billion doses of vaccine 2021.
Not enough investment in oil = oil skyrocketing. No bottlenecks Canadian oil. The second a vaccine is distributed this short game is gone. 40,000 bpd x $30 is 36 mill a month. Mid 2021 if vaccine is distributed oil is easily at $60 and gives ATH over 200 mil until end of year.
its going to fly as soon as the vaccine is announced.