After last week we tell we can see oil 52-53$ for WTI and we were right we was thinking it was very very fast but we didnt think that there can be soo good winter season for oil while third of china and 1/3 or USA froze and this will hold the oil price as it is today.
Another thing is the vaccine that tells soon Covid 19 will be over and who is in right now can take it really well, we are also a bit afraid of another stupid rally led by US Shale producers and UAE did well when told them to be careful we are not losers! so we anticipate there will be some compliance between U.S shale.
Another thing good we still not sure but we think stable GOP and President who the media loves will bring deference we want to say President Trump was good for Texas but he could ruin it all we one Tweet, as he did when he told oil low it’s great, right now there will be quite a president whos the media loves so we think our stock won’t drop 5% a day, because of a stupid Tweet.
We think that what the Saudis did last month (the big Cut) – this is not the last card of these great business minds and we will see what the Princes may bring next.
We anticipate another hike in Stock next week including that the next EIA will be also good, but guys as we were right in all our predictions we still want to say we have any law responsibility but we say we say WE try the best for our dear readers – including some AI!
As we always do please if you want a roll-in to buy OXY or hold it will be 30$ soon and APA (with their Great new Suriname discovery) will be 24$, XOM (found also great discovery) 65$, and CVX 105$, COP 52$.