Come November! November/December will be the sweet spot for O&G stocks! 6 positive catalysts I can think of, anybody have others?
SPR release of 1m barrels a day over by end of October.
Q3 results end of October into beginning of November.
Midterm elections out of the way Nov 8.
Xi Jing Ping re-elected party leader mid-November and can then shift from 100% zero covid policy.
A lot of Europeans will NG-to-oil switching for winter heating.
Euro embargoes of Russian crude oil on Dec 5