“Oil Price” is pretty good when it sticks to what is happening in the oilfield relative to exploration and new fields of production, rig count, current production, demand salaries etc.
Never forget they are not honest brokers of truth if it is political. They are left of center and not to be trusted except on basic facts that can be confirmed. When an article talks about global politics more than the basic oilfield that is a sign of “beware what they say.”
I read “Oil Price.” The first half of my life was in the oilfields. I know Bull Sh-t in relationship to the oilfield when I read it.
[The first half of my life was in the oilfields. I know Bull Sh-t in relationship to the oilfield when I read it.]
Another issue is virtue-signaling by fund managers. Some say they won’t invest in oil companies any more. Is this principally because they’re now cud-chewing environuts, or because they’re tired of losing money in a sector that’s been burning cash even as US oil production hits record levels?