What a come back by Crude Oil after dipping dramatically in recent weeks.
I'm not sure if we will reach the last high of around $86, but I can certainly see some weakening in the price action for Brent Crude Oil.
Keeping in line with my bigger picture on Brent Crude Oil, I'm expecting crude oil to dip again and head even lower than last time to around the $60 level for Brent crude oil.
This might sound dramatic right now, but we just need some news to hit the headlines, such as another variant of covid, or substantial locks downs around the world again!
Timing will be quite difficult since crude oil is so strong, but overall im expecting more downward movement on this.
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