Cambista
Short

Oil remains oversupplied

FX:UKOIL   Crude Oil (Brent)
124 1 4
The only reason for the price of brent be at 45, is the stubbornness of some traders. It seems they can only sleep well if the brent is very expensive.
We can not forget that there is still an excess of production and that´s good. So prices will drop and we all pay less for petrol.
This looks quite realistic, good chart.
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