The US is also talking about releasing oil from reserve in order to fight inflation and get the POO below $80 to start
with.
Hardly the most popular sector to be in so careful with the options and time decay would be my recommendation when
there are many newbies having a go at them too. They cost the sophs nothing and one look at the weekly chart on options
tells a story.
Could options drive down the heads?
Now is not the time to buy is my firm opinion. Sure I keep repeating myself.
Jewell is a great well, but how great?, page-24
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