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OPEC plus abandoned talks on increasing oil production. The likely result will be for inventories to tighten and price of crude to rise.
Watch oil company stocks tomorrow
That was exactly what most surmised but Mr. Market had other ideas
Yes, Steve, the only good news is the selling started right at the open so didn't take a new position. I still like energy long term
Just look at what happened to the canadian ones ... up 2% today ...
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OPEC plus abandoned talks on
Posted by eberhard on 5th of Jul 2021 at 03:09 pm
OPEC plus abandoned talks on increasing oil production. The likely result will be for inventories to tighten and price of crude to rise.
Watch oil company stocks tomorrow
That was exactly what most
Posted by steve on 6th of Jul 2021 at 11:27 am
That was exactly what most surmised but Mr. Market had other ideas
Yes, Steve, the only good
Posted by eberhard on 6th of Jul 2021 at 02:09 pm
Yes, Steve, the only good news is the selling started right at the open so didn't take a new position. I still like energy long term
Just look at what happened
Posted by mla127 on 5th of Jul 2021 at 06:09 pm
Just look at what happened to the canadian ones ... up 2% today ...