"...just like that and the Oil Fear Trade has fizzled out with Crude sinking another 6% to $96 as I write and those who bought oil stocks after it shot past $100 now left holding the bag...even war with Ukraine as it is without cross border escalation is unlikely to bring it back after $100...with traders unfortunately depending on adverse news such as Zelensky's warning that Russia will not stop and would come after you (the rest of Europe).
...my parting words: Playing with Oil is playing with Fire. It usually never ends well. At least from my prior experience."
Oh boy, back to $114 per barrel in less than a week lol
