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Chart of the Week

China is enduring an energy crisis which could still be in its infancy while in Sydney fuel prices surge towards $2 a litre, ouch! However when we consider the energy complex in general over the last decade things aren’t too bad and we’re still hovering below the mid-point of this period i.e. panic buying could clearly take prices much higher.

NB The energy complex includes commodities such as crude & heating oil, gasoline and natural gas.

MM’s remains bullish the Energy Sector
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Invesco DB Energy Fund (DBE US)
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