Have been averaging down like crazy, doubling down in the past weeks. Recently also bought pipeline. XOM is back to low $30s and in a much weaker dollar as compared to March. No, I don't own XOM.
Good call. bought oil stock into Friday drop nice potential move back up, I like to see ukoil to hold 39 to target $60. Adding more on confirmation
How does UKOIL work? Was trying to find out how to bet on oil price when it fell below zero. Zero to $30 is infinity, in theory, but only managed to find USO which doesn’t really track oil.