VBIN's oil stock thread.

[vbin]

(11-09-2020, 05:07 PM)EricL Wrote:

(11-09-2020, 04:21 PM)vbin Wrote: Oh man what a run in oil today. Why? Isn't Biden has been criticizing oil? I was hoping it will come down and I can add more. My average on xom is still $~60.

A successful vaccine= a return to a more normal economy = more traveling = more oil demand.

Thank you Eric. I totally missed that while being occupied at work. I hope vaccine does works out for the world. But in really not sure how effective it will be against mutations of the virus plus production and logistic difficulties.

I guess still it's not too late to add more oil. May be should buy leap calls. Lol.