Reality of the virus setting in. Things are not going back to normal especially in the travel sector.
I would be surprised if we hit the previous lows however.
Unfortunately there will be a long and slow recovery for the energy sector as all of this oil building up will have to be drawn down and traders will take every opportunity as it spikes to the upside.
Long term however I am bullish on the sector especially LNG as an energy source compared to oil destined for the transport/travel sector as we move to cleaner technologies.
That is my take on the world environment time will tell over the next few quarters
BPT Tea leaves analysis, page-81
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$1.39 |
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Mkt cap ! $3.171B | |||
| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
|---|---|---|
| 2 | 12260 | $1.39 |
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| Price($) | Vol. | No. |
|---|---|---|
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