RE: Leigh Goehring on the Many Factors Sending Oil Prices Higher27 Jun 2021 20:22
Thank you for sharing. There's really not much new in this article. We're heading into a world energy transistionary phase, oil Co's are no longer see as popular investments,
as you can see from the lack of liquidity in share buying across the oilers/ETF's. The market always corrects itself, companies will soon realise they're good investments again. There's two main issues to deal with, pandemic and green enegergy transition. The pandemic is fizzeling out now, the latter is way off its mark still. Company shareholders are pushing pension funds to invest in greener stocks, that will soon pass. So will the tech bubble. When there's obvious money to be made from the old oilers. Hold, the Gains will come!