RE:RE:Talk about mixed opinionsI think a year or two of $80-90 and then a settle to 65-70 would be good for oil longer term. High enough price to pay down substantial debt, and not a spike that will bring back over-supply. If oil companies are turning profits the price will go up and for most of them anything above $50 is good. A $90 price for two years kills the industry as price as that brings in everybody and their dog in tue US shale patch and OPEC+ again opens their taps to drive down price and push them out.
Im tired of being a bag holder, I just want to see graduale increasing share price, and perhaps dividends longer term.