Oil’s “Moment Of Truth” Cometh

Oil’s “Moment Of Truth” Cometh

I guess when you're all-in on a thesis - like many people are on the whole long crude, "demand is about to overtake supply" thing - you've really got no choice but to double down when the going gets tough. It's either that, or admit that you were probably wrong and that's not something we, as human beings, enjoy doing. So even as crude and everything tied to it dropped like a rock... ...and even as inventories hit (new) records and rig count rose for the 8th consecutive time to 617 (the hi
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