2023 Is Shaping Up To Be The Inverse Of H2 2022

May 19, 2023

∙ Paid

On April 12, we published a report titled, "It's Funny, Oil Market Has The Exact Opposite Setup Vs Last Year." We then followed up that article with another one on May 1 titled, "My Predictions For The Rest Of 2023."

I think the second half of 2023 looks to be the inverse of H2 2022. And if you put that into an oil price chart, this is what it would look like:

Note: Thank you Phil for creating this chart.

Fundamentally speaking, there are a lot of close parallels. Let's revisit these points again:

HFI Research