Mike McGlone
Mike McGlone|Jan 04, 2026 20:47
Crude Is Still Suffering From Going Up Too Much - Who's Next? The graphic shows Brent crude on track toward key support around $52 a barrel in 2026, for one primary reason: It rallied too high to the 2022 peak. The paradigm shift incentivized supply, pressured demand and accelerated electrification, which buoyed copper, silver and stocks. They may face up-too-much reversion in 2026. Full report on on the Bloomberg here: https://blinks.bloomberg.com/news/stories/t88hi7kgzakr #crudeoil #copper #stockmarket #silver @BBGIntelligence(Mike McGlone)
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