Long Tullow Oil

Showing signs of a breakout with a good risk return trade in my opinion .
Brent is at almost year highs both in GBP and USD terms
Forward curve hedging will in my view help Uk Energy companies outperform Brent in H2 2018 and into 2019 .
Value investors will no doubt be looking at the longer dated Brent curve which is substantially looking higher .
Trend Analysis

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