DislikedBuy and hold still working properly. 80 has been smashed. There is no reason on the horizon to shift attitude in such a strong uptrend. I expect an acceleration upwards.Ignored
For medium-term traders, we are still in a place where you can buy inexpensive oil.
OPEC sees no need to increase production because the facts are that there is currently enough supply on the market to meet the demand.
Nowadays, the futures market, which is currently pumping prices higher, has a dominant influence on what the charts look like.