Exactly you can't bet on the present rise in oil, there is tension in the Middle East that could easily spill over, they are probably betting in futures that the oil price will rise if the situation gets any worse
Will not rise back until supply is reduced - more fracking = more supply, glut in on shore gas/oil created by US has done for the price of oil.
it's the debt
stupid ...across the fracking sector, indebted companies struggling with weak or neg fcf ...it ain't rocket science
RE: oil price
See today the inventories and keep in mind that the refineries are partly closed. So you can imagine what is going too happen once they return back to their normal operations.
RE: oil price
Actually the rise will be as steep as the decline.
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