Riding Bodacious | Cashing the chaotic Brent Rodeo or bull-fighting is considered one of the most dangerous organized sports. I am sure you can imagine handling an unpredictable ~900kg mass and what it can do to you if you get caught on its wrong side! In the rodeo world, Bodacious has been recognized as the most dangerous. Forecasting crude oil prices, has also been like riding Bodacious. Crude oil prices are a result of complex multi-dimensional factors in addition to demand and supply- geo-political developments, unplanned disruptions, actions by OPEC+, and outlook on renewables. As global economy takes a beating due to tariff wars, OPEC+ announced intent to raise its production by 411kbopd in May'25 and then by similar quantity in Jun'25. As a result, Brent, which stood at USD79/bbl in FY25, declined to USD67/bbl in Apr'25 and has...