Brent Could Climb to $95 as Bullish Sentiment Builds ...Middle East

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Brent Could Climb to $95 as Bullish Sentiment Builds
source : OILPRICE ( Middle East ) () 31
As bullish sentiment continues to build and Brent settles comfortably above the $90 mark, oil prices look set to continue to climb this week.- German industrial production finally broke through the cycle of gloom after it posted a 2.1% increase in February, well above the consensus expectation of a 0.5% rise month-over-month.- Although Germany’s manufacturing is still below its pre-pandemic levels, the surprise hike in activity fuelled this week’s copper rally and reinforced the expectation of the ECB cutting rates from June onwards.-…

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