RE: Price of oil. One woukd have thought with the World wide vaccinations31 Mar 2021 10:26
Ec when demand goes up the opecians simply supply more oil to rebalance the market. So theres not going to be a spike in PoO. In any event, HE have hedged 75 per cent of pil production at 59, so have locked themselves out of benefitting from increases oil price , largely. They do not want to speculate on the oil market, as did pmo to great cost, he is a safe harbour for your/ our money, not a casino.