Personally, crazypunter, I think ORG gets the gold in terms of value from a POO rebound, STO the silver if POO up (it has to pay off more debt) and SXY gets the bronze if POO continues its upwards trend.
POO slightly up 90 bps Brent but Europe is on holiday due to their May Day protests. Mid cap oil related stocks such as Marathon up 1.17%, HAL 0.4%, Schlumberger and Murphy all up pre-market. POO does not matter as much to US oil and gas stocks anymore.
All need oil and all need patience, ORG might trade sideways, STO must hit $9 soon surely, SXY probably go down a bit b4 a great spike up.
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