Again no change, crude oil has been following the MM roadmap perfectly through 2021 and into 2022 but the easy money now feels well and truly behind us , although another 5-8% upside feels very possible. Its been over 7-years since Brent Crude was trading above $US90/barrel but with good old fashion supply / demand pushing prices higher plus escalating worries around the Ukraine it still feels likely that dips will be bought – the stars are aligning for a spike high above $US100/barrel in the coming weeks / months.
MM is now mildly bullish crude oil looking for a potential test / break of $US100/barrel
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