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Brent Crude seasonals point to more upside

From blog.hycmlab.com

{video} At the moment, the fundamentals have been good for Brent Crude near term. OPEC+ has been struggling to increase supply levels, there has been a series of low inventory reports, oil demand is expected to increase as COVID restrictions are expected to lift this year. All these factors are supporting oil in the near term. However, if inflation concerns fade then we could expect oil to fall in the medium term, so the outlook is not without risk. Let’s looks at the Brent Crude seasonality using the Seasonax screener function which automatically generates a list of the most promising investment opportunities. ... (full story)

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  • Category: Fundamental Analysis