Brent Crude OilLong
Reamining bullish on oil
Previous position posted running risk free, waiting for a cheaper price on oil , I do not buy into the double top formation.
Last year, almost 10mbpr have been cutted, OPEC+ has been very supportive and and with the reopening of the economies, the results have been quite impressive :
- falling oil inventories
- higher prices
- stronger crack spread
If you wanna hear more about "fundamentals" when I post a trade let me know in the comment section.
Last year, almost 10mbpr have been cutted, OPEC+ has been very supportive and and with the reopening of the economies, the results have been quite impressive :
- falling oil inventories
- higher prices
- stronger crack spread
If you wanna hear more about "fundamentals" when I post a trade let me know in the comment section.
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