CEI - Oil Stocks Set to Reap Huge Benefits from Undersupply Regime (PXD CEI MTDR FANG HP HES OIH XOP)

With the beginning of a coordinated campaign of strategic petroleum reserve releases and the threat posed by the new Omicron variant of Covid-19, traders have piled into oil shorts on the expectation of a pick-up in supply and a hit to demand. However, the cyclical fundamental problem of a lack of incentive for new oil […]

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Oil Stocks Set to Reap Huge Benefits from Undersupply Regime (PXD, CEI, MTDR, FANG, HP, HES, OIH, XOP)