Oil and Reality and where are we? What does it mean?
As a guest writer on this site, I don’t comment often these days, but I hope when I do I make it worthy of reading, especially as hydrocarbons and commodities, have long been my focus. It’s an interesting space currently, not to put too fine a point on it. The conflicting signs pull us in many directions, or more to the point on net balance the market seems to be largely ambivalent of events in the Gulf. I find this very surprising on a fundamental level. Except I don’t – we are in an investment climate very comparable to January 2020 in my view.
