RE:Geopolitics provides the floor ....HeavyBanana wrote: ... through the soft period as we transition to higher demand period. The year will end up being much better than all the doom and gloom in the media about oil suggests.
I think 2024 is going to be a good year for oil stocks. But don't underestimate doom and gloom narratives. All last year we heard the problem was Chinese demand. I was pretty surprised to see a week ago that Chinese demand grew 11% yoy.