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Ironically it is cause by low demand reducing production.
Then demand goes up quickly the supply cannot catch up.
Coal is probably easier because can just reopen mines.
But oil has long lead time from exploration to production.
Wonder if we will see oil at $100 again...
I, being poor, have only my dreams; I have spread my dreams under your feet; Tread softly because you tread on my dreams.
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Thanks to Trump the clown and Sleepy Joe for messing up world trade!
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Oil producing countries laughing to the bank.
Malaysia huat...
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what are the energy stock in
sg
us
hk
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(06-10-2021, 09:20 AM)quote Wrote: Wonder if we will see oil at $100 again...
but $200 u will see
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