VBIN's oil stock thread.

[vbin]

(12-24-2020, 04:15 PM)fenders53 Wrote:

(12-24-2020, 11:29 AM)EricL Wrote: China oil product exports down 36% MOM and 15%YOY YTD due to growing internal Chinese oil demand.

LINK

It seems they are mostly dodging the crisis that started there.  I find hope in that because it means it can be contained, even if we seem to be blowing it.

Measures in China were drastic. Cant happen that in Democracy (people pleasing is the first thing politicians do). It was actually a lockdown. Lockdown in U.S.A is a jock. Its just killing small businesses(sad) and hurting the poor.

I sold some oil last week after the run up. Still a net buyer. will buy more on pullback.