Jun. 17 at 4:55 PM
$CNQ.TSX
$CNQ $XLE $CVX $XOM
Seems to me CNQ.TSX is on the verge of breaking down
$60 support.
Personally, I think regardless of Hormuz closes or not, Oil prices will be staying high for a long time to come.
That said, I think high quality oil stocks will be bargains if they drop further.