𝛼SK or Searchbullish
Oil Price Squeeze Continues / But Be Careful
SUMMARY
- The oil price squeeze continues - as a reminder, we believe the surge only to be driven by macro-volatility therefore we don’t like trading it.
- the price clearly jumped out of the $50 to $75 trading range the price action established for the past 2.5 years.
- In the meantime we’re closely tracking grain prices - as instruments like soybeans, corn and wheat were in a bull regime according to our framework already.
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- Oil Price Squeeze Continues / But Be Careful10 Mar 2026
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