RE:So much for tight Oil markets
You forgot to past articles on US SPR at record lows, all US commerical inventory are below 5 year average. Why take oil out of your SPR globally if there is no shortage? Will we really have a recession that will severely dampen demand? How high are rates today, vs a 5 year average? How strong has all the government free money worldwide made household balance sheets? How is employment rates? Answer these questions.