i trust mbs as far as I can throw brian burke by his tailmy spider senses tell me that biden does want oil to go too high and with mbs in the doghouse, i jut have a sneaking suspicion he may reopen the taps sooner than later
russian production hit the ditch because of the freezeout in siberia this winter so their agreement to hold production was just an alexander yakushev head fake. They couldn;t increase if they wanted to but saudi arabia sure could
anyways took all that into consideration and sold a few at plus 6.70 this morning. my lowest buy last year was .94 cents so not a bad return all things considered.
still overweight but sold a few and moved it in to chemtrade and their 8.5% distribution today.