Despite a very big sell-off this week due to concerns over Iranian oil hitting the market, Crude mounted a very strong comeback to close the week in a much better position. Oil is continuing its consolidation before resuming its very strong uptrend which began in November of 2020. Once air travel, hospitality and business commuting/travel resume in earnest (starting early June), look for renewed strength in the CL contract. Oil indexes and equities should follow the resumed uptrend as well. My personal favourite picks in oil stocks are BTE (BTEGF on US OTC market), CPG, CVE and VET. All dual listed on US and Canadian exchanges. OBE on the TSX (OBELF on US OTC markets) is a more levered name for those with a stomach for higher risk.