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1kgwxman

08/07/21 10:01 AM

#745 RE: DesktopDR #744

Ummm...no.
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TuMaRu

10/18/21 8:35 PM

#746 RE: DesktopDR #744

You said in March, and in May-Jun before summer that oil prices will rise to 80. Sure enough, WTI and Brent are both above $80 and headed higher, and its not even year end yet. But WTI? Well its half of what you had predicted $8-9!! Not bad but shows how stock prices often lag those very same commodities they support.

WTI has too many hedges in place and thats what is keeping the lid on it going higher. If those hedges come off in 2022, and debt can be brought down, then it might be a very different picture.