10-year trend broken to the upside
Despite its recent uptrend, 
OIL remains at relatively low prices and keeps a high growth potential, judging by the below oil-to-M2 ratio (Oil corrected for monetary growth), which also shows that an important trend has been broken to the upside.
OIL remains at relatively low prices and keeps a high growth potential, judging by the below oil-to-M2 ratio (Oil corrected for monetary growth), which also shows that an important trend has been broken to the upside.
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