True, but have we seen demand numbers recently? What if demand is down even more than the supply.
The whole oil run up was bs. It acted completely like a penny stock, and if you don't believe me, the chart shows it.
My class is so awkward lol. The teacher asks a question and everyone is silent, everyone on laptops lol.
To be successful in the trading game, find a sound strategy and then learn and understand the rules of your strategy.