The Brent WTI spreads which widened to the historic highs of $ 26 per barrel seems to making way back. For past one month its making a higher low pattern which suggests that the short term bottom has been made and its on its recovery path. the triangle pattern which is being formed can lead to a break out on one side, the probability is more on the higher side for this spread.so in next few months we can see considerable upside in this spread
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