I agree, war feels imminent, which will likely push oil prices up, and American shale oil will presumably benefit nicely. I can't help but wonder if some of the players willingly allowing oil prices to plunge despite being oil producers themselves are deliberately encouraging a war. Plenty of interested parties are capable of inciting a war for less money than a war would bring in for them. Not that I like those politics, but SEA itself is not involved in those games and if they benefit I'd like to be holding.
Unfortunately SEA is now down to around what I paid and I wish I'd been forced to sell back when my portfolio could have bought me a modest house! Congratulations on your lucky dodge![]()
I agree, war feels imminent, which will likely push oil prices...
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