VBIN's oil stock thread.

[fenders53]

(07-06-2021, 01:19 AM)vbin Wrote: Crude is looking at $77

$80s won't surprise me within a week, then the market will pivot to fretting about the uncertainty.  I'm now thinking there is little chance they wait months to resolve this.   It will be interesting to watch how they handle UA.  It sounds like they invested billions in production capability and have no intention of using their 2018 baseline.  Saudi will have their hands full not angering Russia.