US is bent on $70+ OilI'm just going over what happened today with you guys, I missed it but by the looks of it anyone selling early was ahead of the game as SP fell. Oil from $82 down to $77 shows how aggressive the US traders have been as we head into the 3rd week of $70+ Oil, Biden has been happy because he said that he wouldn't start to fill SPR till Oil stays in the $70+ for some time. No bullish surprises overseas with OPEC staying on course till they get a better read on the numbers. Unless something happens overseas tonight Oil could be on the way to test $73 again. Tomorrow API Crude Stock numbers at 4:30 pm with everyone watching. There's no reason to be bullish because China came out with some BS but no one listens any longer having zero effect on Oil today. The EU situation is now the next hurdle that could be bullish for Oil but it'll take Russia turning down the tap and whatever that does for the price of Oil the FED's next Rate hike is Dec 14th and with bullish US data is causing the FED to continue with .75% hikes instead of.50%. Venezuela will be adding 200,000 bpd production in a couple of weeks. Russia has been selling more and countries are ordering less with high gasoline inventories and the USD is higher today, putting pressure on Oil. We'll wake up tomorrow to see what we'll be dealing with. Looks like last week's high of $83 sticks a