-- Technical --
Price action is above the EMAs and in a current bull cycle.
-- Fundamentals --
There has been many years of over supply pushing prices down global which has lead to underinvestment, in combination of ESG mean many investment funds are reluctant to invest into perceived "dirty" oil and gas industry.
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*Not financial advice and is for educational purposes only. Always DYOR.
SO: What do you think, have I got it right? Let me know below.