Oil's Bullish Summer: OPEC+ and Geopolitics Fuel Rise

Oil markets are poised for incremental gains through March and into 2Q, supported by various factors, potentially leading to a strong summer for crude.
OPEC+ remains active in managing supply, with Saudi Arabia leading the charge. Gasoline strength in the US, backwardation in crude markets, and geopolitical concerns all contribute to a bullish outlook.
Technical indicators, potential Fed policy shifts, and a weaker US dollar could further support oil prices, despite some concerns about Chinese demand and US shale production. $Occidental Petroleum(OXY.US)$ $Chevron(CVX.US)$ $Crude Oil Futures(JUN4)(CLmain.US)$