Just see my last post, "Lather, rinse, repeat." While there has been geopolitical turmoil, the Iran sanctions, the problem is STILL investors--Hedge Funds--driving prices up to quickly, beyond CURRENT fundamentals, leading to inventory builds.
Take note: a good sell signal is when so-called "analysts" claim oil will hit $100/barrel again. They are much like bitcoin and gold enthusiasts who need additional buyers to maintain their ponzi scheme, so they can bail and take profits...
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