MBCC TH 23rd Feb'24 - "How low can US gas go? What do our tactical d/s models say for Oil into March - buy or sell? Commodities are about cycles!"

Why are Oil prices stuck here? Where can they go in March and q2?

We look at our physical cross asset models to see what signal they are giving us about inventories to come and demand…

US gas…tries to rally, but then fizzles out, why? Cheap can always get cheaper, as commodities are NOT like equities, there is no floor value per se!