(Yes, I owned a refinery and currently own oil production and marketing businesses.)
So, we’d all appreciate your best guess where oil is going per barrel over, say, the next 6 months.
I think mid-60’s.
My last post is tempered by the fact I think there will be a distinct split between the grades of oil, that is not typically as pronounced.
There is a lot of “heavy” oil on the market, and it has to be blended with light, sweet, crude (or maybe NGLs) to be economically refined.