Patterson on oil: 3 reasons why it should continue rising

From youtube.com/ingeconomics5739

Brent crude has traded as much as 10% higher so far this year to levels we last saw before the Covid-19 pandemic. Demand is growing and is expected to increase still further. A weak dollar is helping as has a Saudi Arabian production cut. ING's Warren Patterson says we could still see some near-term consolidation but an average of $60 a barrel for ICE Brent in the fourth quarter is easily achievable.