If oil goes to $45-$50, oil stocks will seriously correct. Most of the oil stocks were at least double their current prices when oil was trading at $50 before Covid-19.
I don't know how they will play things out (MMs), but I can see the eventual outcome.
DISCLAIMER: All statements posted here are only my opinion and not an investment advice by any means. Please, do your own DD and trade at your own risk.
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