Another thing my finance mate said recently...
He mixed with some pretty sharp people working for a large bank because they paid so well.
One particularly sharp individual told him that oil was "finished" some time ago.
There would always be oil but new large oil projects ( exploration, development etc.) couldn't compete in price terms to valid alternatives whatever they actually are I don't know.
If that were true then oil based nations like the US perhaps aren't as healthy as the Donald.
Banks, Crude seem to be correlating so well now.
Can crude pull up here and carry so much with it?
Schlumberger below.
The Brains Trust - 2020, page-2355
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