High Viscosity

As many energy shorts as I’ve got going (AMP, APC, DVN, EGN, and so forth) I’m keeping everything I’ve got two of crossed for good luck, since the big OPEC announcement is tomorrow morning. The past several days of trading don’t exactly express gobs of confidence in all these fine gentlemen voluntarily sacrificing oil revenue for the greater good of the cartel. I suspect there will be some new ridiculous rumor any moment now, in a desperate bid to keep this charade going just one more day.

1129-oil

Disclosure: None.

How did you like this article? Let us know so we can better customize your reading experience.

Comments

Leave a comment to automatically be entered into our contest to win a free Echo Show.
Or Sign in with
Chee Hin Teh 8 years ago Member's comment

Thanks for sharing