US Oil Thesis

Fundamentally, oil can only go up. Since Russia is requiring countries to purchase oil using rubles, supply will go down due to current sanctions. With steadily increasing demand and decreasing supply, prices must increase. I think $200 is a realistic target for the coming year.
Beyond Technical AnalysisBTCUSDCommoditiescrudeFundamental AnalysisOilQQQS&P 500 (SPX500)SPDR S&P 500 ETF (SPY) Trend AnalysisCrude Oil WTIWheat

Disclaimer