Weekly Fundamentals - Energy Prices Rallied on Hopes of Improving Fundamentals

Energy prices extended recent rally amidst hopes of better demand/supply balance ahead as well as US dollar's weakness across the board. However, we doubt if the strength is sustainable as execution of the OPEC-Russia output freeze plan remains challenging. The market turned more optimistic over the oil market outlook US fuel demand rose while crude inventory increased less than expected.

from Oil N' Gold Focus http://www.oilngold.com/ong-focus/insights/energy-prices-rallied-on-hopes-of-improving-fundamentals-2016031332513/