Oil prices back at 60 USD but the Oil stonks still in the dumpster. What way will gravity pull?
Especially the European ones:
I wonder if I am willing to be fooled twice by oil prices and oil majors.
@Tom Emmet did you revisit this idea?
I wrote about my expensive lesson here:
The Reflation people have been loving the recent upswing in names like OXY.
For example, Tom Thorton talked about it in the aftermath, (if I remember well Adam Butler had similar trade with XOM) :