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Every Thing Else Board
Historic Day in Markets........
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<blockquote data-quote="Caustic Burno" data-source="post: 1621172" data-attributes="member: 694"><p>For upstream short term yes that's nothing new to the oil biz. One sector is always suffering upstream, refining, or chemicals. Typically as crude increases refinery margins decrease while upstream increases or vise versa. Chemicals tend to follow the economy.</p><p>Second IMO it won't be long term as OPEC will curtail production to get prices back up.</p><p></p><p>Plus side might make sealing the border easier along with bringing critical manufacturing home.</p></blockquote><p></p>
[QUOTE="Caustic Burno, post: 1621172, member: 694"] For upstream short term yes that’s nothing new to the oil biz. One sector is always suffering upstream, refining, or chemicals. Typically as crude increases refinery margins decrease while upstream increases or vise versa. Chemicals tend to follow the economy. Second IMO it won’t be long term as OPEC will curtail production to get prices back up. Plus side might make sealing the border easier along with bringing critical manufacturing home. [/QUOTE]
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