Brent oil spot and futures markets have sustained a rally that began in April 2020 by rising over 15 per cent since the start of last month. A similar growth has been experienced in the US West Texas Intermediate (WTI) oil. This is because of tighter supply and rising global demand.
Every stakeholder is looking to answer two lingering questions. First, they want to know individual contributors to both supply and demand-side pressure. That is, they want to understand how the oil market works. Second, they want to know how they can react to take advantage of this bullish trend.
