Oil Signals Continue To Scream Higher

Some of you may be getting tired of these OMFs. They sound like repeats of the way we are writing the NGFs (yes, natural gas is going higher still). But the oil signals we are watching are screaming out to us that oil wants to run higher.

We've long used the Brent 1-2 timespread as the signal in the market, but if you are not convinced, here is the Brent…