Try to make sense of WTI Oil Prices ? Supply / Demand ?

Just look at the news headlines for WTI Oil in just a 1 hour period.

Now try to tell me that any of it makes sense when we are still at a record high supply level never seen before (except in the last year) at the same time as worldwide, there is no forecast for any increase in demand and not major supply disruptions can be forecast.

Still believe in Supply and Demand ?

How about Santa Clause and the Tooth Ferry ?

Oil prices are controlled by those that master speculation !

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