Congress is going to town. With the clown:
"Congress this week repealed pollution and anti-corruption rules on energy companies."
Cheap poverty capital pulled forward decades of oil exploration and dumped it into the front month, which is supported solely by clueless gamblers:
Net long speculative Oil positions reached a new record high this week, all based on OPEC hopium...
The last time futures net specs spiked in 2014, oil collapsed. I'm sure it has to be different this time...
U.S. oil inventories grew again this week. During the past three years, oil inventories peaked the third week in April...
The San Ramon, CA-based integrated oil giant reported Q4 EPS of just $0.22, which was a full $0.46 worse than the Wall Street consensus estimate of $0.68
Oil stocks versus artifically inflated oil:
"Keep buying, we're almost there..."
Oil ETF
