you may just get your wish...Brent crude is currently over $29. Analysts are starting to get more bullish.
The following was posted on bloomberg:
“We are currently seeing accelerating oil-production curtailments outside the OPEC+ countries,” said DNB analyst Helge Andre Martinsen. “Even though the oil-market balance still looks quite oversupplied in the very short-term, we believe this is about to change quite quickly.”
With economies starting to open up again demand for crude will go only one way....up.
BPT Tea leaves analysis, page-18
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