Lower for longer. Many publicly traded companies will go bust during this period anyway, so almost no way to bank on the eventual rise in prices, whenever it does ultimately go up.You don't think we should buy crude? That HAS to go up, no?
Unless you have some way to store and preserve a bunch of barrels of crude, I don't see any practical way to get involved in crude. Too many players in the industry (Russia, Opec parties) operate with market dynamics as a secondary concern.