oil majors will hold back new exploration and production. majors like BP turned on mega fields while prices to buy everything was cheap. they will pump their stocks now and hold back on new exploration and production and curtail current supply as required until 2024 to 2025
Comment:
really took me through the grinder hehe...it will happen tho
Trade closed manually:
closed cuz putin and hurricanes, made 40% gud trade...may trade it later again, but will wait
Comment:
subsea gas line fix is a long duration narrative, glad the trade was closed down