5 Reasons to Look at Oil:What You Need to Know
Crude, gasoline, heating oil, energy and the Fed. It's all happening!
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Energy has been heavy lately and I am not ready to say that oil and gasoline are ready to head in to another uptrend.
I am ready to tell you what I personally believe.
Crude oil seasonality-We have a seasonal hot spot for the summer driving season, starting now. Two strong months back to back.
Heating oil seasonality-Our best month is in June for Heating oil.
Heating Oil COT Report-This is our highest reading in commercial buying in the last year.
