Oil Markets Optimistic As Brent Flirts With $70

There was a slight pullback in oil prices following Wednesday’s highs, but the rally is still very much on and bullish sentiment is palpable as summer driving season nears.For more great energy content, make sure you subscribe to the Oilprice youtube channel for breaking news and analysis.Friday, May 7th, 2021Brent tested $70 per barrel on Wednesday but fell back on Thursday. Oil “had a great run, but it got a little bit ahead of itself,” Phil Streible, chief market strategist at Blue Line Futures LLC in Chicago, told Bloomberg.…