Is oil completely un-investable？

$Micro WTI Crude Oil - main 2301(MCLmain)$ So let me get this straight.
-China is re-opening
-Russian Embargo just kicked in
-SPR is ending
-Inventories are drawing
-Demand is holding pretty well
But somehow oil gets absolutely baptized?
That’s quite troublesome, no?

It’s always the same with oil - investment banks just orchestrate a $3/$4 rug pull each and every day to wipe everyone out - it’s completely un-investable where fundamentals whether inventory levels, China reopening, opec cuts or SPR sales ending matter anymore

Getting hammered everyday with the pending recession and it’s all but assumed that the demand for oil has completely collapsed. Whether this is true or not doesn’t matter, it’s emotionally driven and this sector is so incredibly volatile it’s tough to attract new investors

I’ve learned a long time ago that we always get what we want, but never when we think we’ll get it. Just enjoy the opportunity to continue accumulating and treat that as a gift. When the boom comes, we’ll all be wishing we had the opportunity to buy more.

https://twitter.com/Gugo907/status/1599886144589934592

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Comments

stsockli
2022-12-06
stsockli
Thanks for sharing 😊
- keegs:
  [Happy]
wingcheong
2022-12-06
wingcheong
Oil is a commodity, more for trading in my opinion. Investment wise, why not consider some stable and profitable petroleum companies.
Matrix Rev
2022-12-06
Matrix Rev
Oil is a trading tool not investment
DanZillaXD
2022-12-06
DanZillaXD
Oil is too volatile for me amongst the safest option of investment
Moolele
2022-12-06
Moolele
Oil a tough one
YiCheng0301
2022-12-06
YiCheng0301
recession theme on

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Whether this is true or not doesn’t matter, it’s emotionally driven and this sector is so incredibly volatile it’s tough to attract new investors</p><p>I’ve learned a long time ago that we always get what we want, but never when we think we’ll get it. Just enjoy the opportunity to continue accumulating and treat that as a gift. 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Whether this is true or not doesn’t matter, it’s emotionally driven and this sector is so incredibly volatile it’s tough to attract new investors</p><p>I’ve learned a long time ago that we always get what we want, but never when we think we’ll get it. Just enjoy the opportunity to continue accumulating and treat that as a gift. When the boom comes, we’ll all be wishing we had the opportunity to buy more.</p><p>https://twitter.com/Gugo907/status/1599886144589934592</p></body></html>","text":"$Micro WTI Crude Oil - main 2301(MCLmain)$ So let me get this straight. -China is re-opening -Russian Embargo just kicked in -SPR is ending -Inventories are drawing -Demand is holding pretty well But somehow oil gets absolutely baptized? That’s quite troublesome, no? 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