The scam is real, US negative Economic NewsAll the negative economic news and GDPnin q3 us 5% right on their longterm average.
Oil demand weak and inventories are below 5 years average gasokine, diesel and crude. Distillate by over 10% all of this after draining SPR and oil does not have demand.
This November had the largest one day flight in US history anf people not travelling?
China China, what about India 1 billion plus people thirsty for oil anf they back ag thier 5% annual growth rate for oil demand.
People writing article about us rigs are on the up and up, though its way down from pre pandemic.
Make this make sense, where is the recession and where is the inventory builds ?