Interesting this part
"India is the star performer: oil demand [in the first quarter of 2016] was 400,000 barrels a day higher year-on-year, representing nearly 30 per cent of the global increase," the IEA noted."
WTI testing $48 as called 3 weeks ago.
SXY, COE, CVN, AWE, BPT, STO, KAR, HZN all worth looking into.
SXY is my largest holding.
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Over supply may be ending? Good oil stock recomendations?, page-6
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