VBIN's oil stock thread.

[EricL]

(07-13-2021, 02:26 PM)vbin Wrote: Thank you @EricL. Is anyone talking about another covid wave and impact of that?

Some ASEAN countries locked down certain parts due to Delta varient spread recently, I think market is getting spooked by that a little. Otherwise going by oil at $74, xle should be trading above $60. Its not able to break $55 so far.

Is EOG the only play in ur book for oil?

I'm not too concerned about Delta. I think it's more fear mongering from media and government than anything. Between vaccinations and people who've already had covid, I just don't see that big a spike happening the third time around.

I am long CVX, EOG, KMI, XOM and have some EGY as a smaller speculative play.

I think CNQ are SU interesting for Canadian names as well, but I don't own them.