From a technical perspective, now that the 70's target for Oil has been met and the expected consolidation phase post this has completed or is close to doing so, my next technical target for Crude is up towards $100.00. Natural Gas has also flipped from being in a longer-term bearish downtrend to being in an uptrend. I could be wrong of course, yet right at this juncture, I'd prefer them to be 100% unhedged! Not sure for how much longer they are locked into their hedges? E.
From a technical perspective, now that the 70's target for Oil...
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