Mizuho Once oil goes above its 100-day moving average, it’s time to start getting long: strategist
Robert Yawger, energy futures strategist at Mizuho Americas, joins BNN Bloomberg to discuss oil market trends. He says the Saudis are walking a fine line in raising prices for buyers in Asia as they are not competing with discounted barrels from Russia or Iran, but also don’t want to raise prices so high that they risk losing market share to sellers like the US, Brazil or Guyana.
https://www.bnnbloomberg.ca/video/once-oil-goes-above-its-100-day-moving-average-it-s-time-to-start-getting-long-strategist~2880283