08-11-2021, 10:13 AM
(08-10-2021, 10:40 AM)fenders53 Wrote: You were right VBIN. Covid D clipped the oil sentiment for now. Oil is hanging in there but the summer rally is dead. Supply will catch up when vacation season ends but hopefully we can stay in the range for profitable oil companies. I think we can.I think oil will go further up but will have to wait. Govts still going on for reopenings. I might buy more XLE if it falls.
Most of the oil companies had decent earnings.