I don't see oil returning to above $75 any time soon due to advancing energy technologies and oversupply issues continuing over the next 5 years. I'm long with a TP of 75 next year. After that I will most likely move to a short position or not trade oil.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.