Oil prices and Biden Win

Will Biden be bad for oil bc of all the green investments...

Or will Biden be good for oil bc of the anti Fracking and anti pipeline stance?

XOM is up 14% today. I am scared of holding too long and exited.

 

Pfizer Covid vaccine -> More flights and cruises and normal events and life -> more demand for gas -> higher oil prices.

 

Yes good point. Oil to 45 or 50?

 

Some guy on cnbc was calling for 35$ oil last week

 

Seems to me they markets are "overcelebrating" today, but yes... something along this line.

 

I am just shorting some stocks today buy selling out of the money weekly calls.

 

but the election is not over, so you should do multi outcome analysis

 

He is a 'diplomat' The price is moving higher because he is going to stir up a bunch of mess in the middle east. Fighting terror and what not.

 

Not just higher demand... But speculation.

I guarantee that the increase in prices today was all speculators.

 

agreed