Tired of chaos, investors retreat from oil market at record pace
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Re: Tired of chaos, investors retreat from oil market at record pace
#2"Former Goldman Sachs commodities chief Jeffrey Currie said this week the real reason the oil price had not returned meaningfully above $100 a barrel in the past few weeks was not a sign of supply - which has been severely constricted by the near-closure of the Strait of Hormuz - being plentiful, but rather of what he called "capital aversion"."
Re: Tired of chaos, investors retreat from oil market at record pace
#3"Former Goldman Sachs commodities chief Jeffrey Currie said this week the real reason the oil price had not returned meaningfully above $100 a barrel in the past few weeks was not a sign of supply - which has been severely constricted by the near-closure of the Strait of Hormuz - being plentiful, but rather of what he called "capital aversion"."
If you decide that the game is rigged, you stop playing.