BRENT OIL Long: $90 inbound as global energy crisis continues
Updated
SUMMARY: Long, prices are rising due macro deficit in supply, falling inventories, inflation, securities risks, and disruptions are adding to price rising.
On a Technical basis, we are forming a higher low on an uptrend and are above the 20/55 EMAs and MA.
On a Technical basis, we are forming a higher low on an uptrend and are above the 20/55 EMAs and MA.
Note
Brent Oil has broken the 2018 High
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