RE: 2019 Could start with an oil rally2 Jan 2019 11:42
thanks I'll have a look Stu, but it's a bit like houseprice predictions, every paper you read has a different opinion, one says stable, one says down the other says boom. It will be what it will be, but the market has opened down, quite a bit today.
The main facts still remain here though, oil is pumping daily, contrarty to what the transparent shorters and derampers have been saying. They've now moved onto less convincing bogeymen stories of depletion, and a BOD with no skin in the game (which clearly is a load or ..llox.)
This will get moved around till the next news, which in my opinion will be pretty spectacular. In the meantime, drifting oil prices won't help. Not an issue for me, current price is a gift imo.