May be another bad day for CVN and other oilers today even though the dow was up almost 3%.Fear of a demand slump for oil is the problem,oilers just are not the flavour of the mounth at the moment.Will oil and oil products cease to be used?I dont thinks so,infact i believe that the opposite will happen as oil prices decline,but do not feel that they will drop under $100 pb.We need oil prices to stabilise .
Just my opinion.
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