True enough , demand still subdued and worry over 2nd wave covid creeping very real at present. Energy down today, oil and gas seen as a longer term play. US inventories increase and shit loads in storage.... too much negative news around and cherry picking positives wont change perceptions (not directing this comment to you) i just shake my head at the SP of this, cheap, but oilers are doing it tough in this envioroment..Chesapeake energy in trouble in US and i believe bp writing off billions in infrastructure... most companies not making money with these low prices..
SXY Price at posting:
25.0¢ Sentiment: Buy Disclosure: Held
