RE:Can't catch a bidYou mean senior type oil and gas companies are ripping like CNQ....most juniors all have low volume.
Lot of people are worried about comodity prices, nobody knows....
USA and China demand have not been ripping so far in 2024.
USA production in January took a hit from cold and Saudi has had to export alot less to balance so far.
I know oil is over 80 right now but we also know how fast things can drop.
USA data will have to show strong summer gasoline demand to hold prices above 70-75.
May's inventory reports have not been great. Average USA gasoline demand is like 100-200k per day less than 2023. New gasoline vechiles use less gas than older ones. Pushing hybrids.