RE:Oil prices i've also read articles supporting similar bullish sentiment on oil, with even high price target of 140 to 150 level, maybe not this but 90+ brent is highly do-able.
here is one of them Sheikh vs shale: Saudis won't let oil stay at $75, shale chief claims - Oil & Gas Middle East (oilandgasmiddleeast.com)
the current slight inventory built due to extended china lockdown and europe warm winter should be work off by spring when driving season start. The current covid mess in china should be peaking soon or had peaked, china's economy back up running again.soon. Notice that the chinese are eager to travel aboard after their long lockdown restriction.
Off topic: My dream is always is to see the downfall of the CCP in my lifetime. Back in late summer of 2019 at the peak of hong kong umbrella protest, i had posted in youtube and facebook that i foresee the weakening and start of the downfall of the ccp within 2-3 years, this was at least 6 months before covid-19 was in our vocabulary.My basis was that i can't see how their human organ harvesting crime , abuse of nature, and their people can go on much more. Now I hear the senior CCP members are dying off like flies from this covid outbreak. All the surviving top CCP officals are in hiding to avoid infection. All their power, influence, money won't help them now as the overcrowded, over exhausted hospital staff, lack of medical supply can't help them. The sick peasants have jammed up the rooms, the asles, the lobby, the parking lot. ~75% of doctors and nurses are infected anyway. Prestige and status has no value here. Compound their demise is most senior CCP members have at least 1 organ replaced (some twice, 3,4,5 times). They are on immune suppressant drugs. Even a regular flu can knock them out. I digressed. Miracle work in mysterious way.