Someone made a comment that...
There is no foreseeable rosy future in oil prices...
Demand and Supply double whammy.
Now when will an effective safe vaccine be successfully produced anyone's guess 18 months??
Demand ain't going anywhere and not are future contracts!
This ETF and contango effects are lethal.
Yes eventually there will be an oil turn around but at what price and cost (time and money) picking a bottom...
Maybe better to buy small amounts of WPL OSH and or STO. Though wait for lower capital raising with WPL and STO.
WPL my favourite pick here..is 10/12 bucks entry possible perhaps...earnings seasons next 2 quarter will be woeful a d juicy dividends cut...
As for OOO. Hmmm I say dial emergency help!!
on a serious note won't be surprised to see it su. $1, may be worth flutter then
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