RE:Words from Josh Young...Red, I would gladly supress the front end of the curve which is already high $90+....
China helps the back end big time....
I will take it for 2H 2022 and 2023....
June WTI 25 days left and Q2 is a wrap....
red2000 wrote: The positive of this is, when China reopens, it should send oil prices higher. "The China story is the main driver of this (oil) pullback. That is the main bear story in the market right now...if we had news that the lockdowns in China were easing, prices would move higher."
The positive of this is, when China reopens, it should send oil prices higher. "The China story is the main driver of this (oil) pullback. That is the main bear story in the market right now...if we had news that the lockdowns in China were easing, prices would move higher."