@wildwarrior @KDGYan I am still learning, demand and supply keep changing, refiners have driving and maintenance seasons, traders import and export crude oil, new wells increase outputs while old wells depleting, producers add and cut rigs. Make things simple, buy low sell high is winning strategy. At the beginning of 2020, oil was at $64, 35 days later, it is $50, supply didn't change much, the only change is refiners reducing crude refinery inputs. Look at the trend of gasoline price, $1.9-2.0 in a couple of months.
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