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TuMaRu

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TuMaRu

Re: Mrgood post# 184

Thursday, 07/16/2020 3:31:11 PM

Thursday, July 16, 2020 3:31:11 PM

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Any reasoning for your optimism? Seems to me that oil prices have and will continue to flatline for 2020-21, and even beyond maybe. No new CAPEX expected, jobs losses, bankruptcies and just no appetite for any of these shale players to muck around with their debt-laden balance sheets.

Just my opinion though, everyone's free to draw their own conclusion and make their own decisions.
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