>>21626224>im still trying to understand the oil market, im not doing much research but slowly I understand what plays into all thatsame, I don't understand it all. But you should look into refinery margins and crack spreads. Refined products drive crude.
>besides, are there any gas power plants planned to be build in canada and usa or being built right now?Yes, all the time. And the more renewables get built the more natgas plants will get built as backup. Natgas is so omnipresent and so cheap that it's inevitable more gas plants will be built. Same goes for LNG ports, those are being built in a hurry.
