HFI Research said...https://hfir.substack.com/p/theres-a-time-to-be-greedy-when-others
But for me, let's get back to 7$+ after Q2 results it's find for me !!!
From an economic point of view, I think the US$ is now to high, which will reduce US exports at a faster rate !
So may be the Fed will increase only 0,50 instead of ( 0,75 - 1,00) for a soft landing !
Enough politic more stability with evidence fundamentals we still in a capitalist worls it seems to me !!!
My suggestion... stop burning SPR, governments must fund ESG or set a hedge price at 95$ for any new boe/d for 18 to 24 months, it's enough time to oil producers to increase supply,
May be it's the time to settle with real quotas !!
Only my O !