companies are going to survive and make you rich.
When shorts start covering their shorts XOM will be over 100 dollars in two years.
Blah, blah , blah!
I agree and I think big oil companies can even benefit from this deal as they can control the output and sell the oil higher to China.
I don't know if the inventory numbers are due to import of oil from other countries and represent a valid number!
By the way if you are still short oil and lurking around this board, you must be really nervous!
You know oil is the only commodity that whole world needs for centuries to come.