These oilers had better hope there hasn't been a big crude build in the USA tonight...very nasty when you look at their total 2008 debt......
Looks similar to the gold cot long positions chart don't ya think..........![]()
Pog to rise....
http://www.bloomberg.com/news/articles/2016-08-04/oil-slump-sees-majors-debt-double-to-138-billion
![]()