Oil Bulls Begin The Year With A Bang

With oil inventories tightening and demand for crude exceeding expectations, oil markets have been seized by bullish sentiment at the start of 2022.Oil has started off on a positive note in 2022 so far, with robust demand continuously exceeding market expectations and Omicron fears waning.- Even though there has been a relative lack of major developments in the market, partial supply disruptions in Libya and Ecuador have kept markets tighter than expected, pushing oil prices above the $80 per barrel mark.  - Initial production data seem to…