Fueled by cheap money and by dashed hopes of high oil prices.
If you blinked, you missed it.
For investors there is little clarity through the smoke and haze.
Whiff of short-term capitulation. But crude oil fundamentals not promising.
Now even growth engines China and India.
The hail of two-notch downgrades doesn’t help.
No recovery for the oil industry in Alberta.
But it’s going to be tough; he’ll need more than luck to pull it off.
Some things are just too curious.
“Oil and gas companies are becoming energy companies,” said BP’s Bob Dudley. BP even changed the logo.