Yesterday, I was starting to get the opposite sense. That is, that the sellers were finding out that $50 oil does not bring a slackening of demand, and doesn't bring unbearable political pressure, and that they will now want to find out how $55 oil fares, or $60, etc...
Of course, I'm trying to think like a producer, and I'm not at all sure that the producers really have much power to raise prices.
But, hey, will the baseball season really make much difference, when there is no hockey season preceding it? We are treading on uncharted waters here...
Hard work often pays off over time,
but laziness always pays off right now.