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Macro and TA is making Oil look ripe for an upward move

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Brent Crude Oil (BLACKBULL:BRENT)  
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BLACKBULL:BRENT   Brent Crude Oil
Supply and Demand Seasonality Beyond Technical Analysis brent brentcrudeoil WTI wticrude wticrudeoil Oil oilprice oilforecast
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supplyanddemand seasonality beyondta brent brentcrudeoil wti wticrude wticrudeoil oil oilprice oilforecast
Macroeconomic trends with a rough heating season for Europe, the continued war in Ukraine, the internal troubles in Iran, and the most recent OPEC+ meeting makes the macro position for Oil look bullish.

Looking at the charts it looks likely that oil will challenge the downward trend that has persisted recent months and coming two days let us know if it'll begin a bullish upwards trend.

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