AM Update: Oil Breaks $45 and Oilers Respond

13:00 Update: PMO has rallied 30% since this was posted

As oil continues to rally, many of the oilers are showing signs of life after a few months in the doldrums with many making multi year and all-time lows in recent weeks.

Heavy short interest in a number of names will likely accelerate some of the price action

Today's potential Short squeezers include TLW, PFC and PMO

TLW: [stock_market_widget type="inline" template="generic" assets="TLW.L" markup="{name} ({symbol}) {price} ({change_pct}){last_update}" style="font-size:x-small" api="yf"]

PMO: [stock_market_widget type="inline" template="generic" assets="PMO.L" markup="{name} ({symbol}) {price} ({change_pct}){last_update}" style="font-size:x-small" api="yf"]

PFC: [stock_market_widget type="inline" template="generic" assets="PFC.L" markup="{name} ({symbol}) {price} ({change_pct}){last_update}" style="font-size:x-small" api="yf"]

PMO up 30% from 0900 breakout on high volume