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▲ lesuorac 2 hours ago

Let's not put the horse before the cart.

Exxon is up 40% year-to-date (YTD), BP is up 20% YTD while SNP500 is up 12% YTD.

So I'm not even sure the premise of this tangent is correct; oil stocks aren't shown to be the recipient of the current price spike.

▲cpncrunch 2 hours ago | parent [-]

>Exxon is up 40% year-to-date (YTD), BP is up 20% YTD while SNP500 is up 12% YTD.

But it's not sustainable in the medium term.

▲ggm an hour ago | parent [-]

> But it's not sustainable in the medium term.

You think this is the only basis of investment in a large fund? You think they don't make plays which respect this fact, in their risk profile?

▲cpncrunch 4 minutes ago | parent [-]

That's the point I was making.