Bottom Of The 2nd Inning - What Signs To Look For On Oil

We are now entering the bottom of the 2nd inning and energy investors are now playing defense. We are currently 4-0 on the opposition, so while the lead is great, it's far from certainty on winning the game. There are still a lot of innings ahead of us, but it's all about defense for the bottom half.

Things look very bullish for oil. Refining margins are…