RE: “Oil prices post a gain of nearly 5% to finish at highest since last February”6 Jan 2021 09:26
You tend to forget that oil and oil exploration are the most ugly elephants in the fund managers portfolio. To appease pressure from their clients, they are selling, rather than buying. Put yourself in their shoes, and think about it. There are many, many, more PC options available. Being a LTH, I wish things were different, but sentiment rules their income of their clients money.