You may well be right but irrationality does occur every once in a while. The worst is yet to come in oil, is my guess.
Look at some of the US based oilers...they're down 70%-ish. Albeit due to them being local suppliers based most likely on WTI.
But when the herd starts running, everyone runs...
HB
You may well be right but irrationality does occur every once in...
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