re I don't mind this ...some good observations there.
Frankly imho, with the amout of computer money playing these markets and perhaps a sideways market at best due to sketchy world growth, it's anyone's guess where Oil will be.
Various opinions from various talking heads. Some calling for major pullback in general markets and others saying the worst is behind us.
I'm predominantly in Cash now and will only start to deply on weakness,
If North Korea escalates, saber rattling has historically been a good time to buy for oil.
I think this Fall will be challenging so any large sell offs may be the time to put cash to work.
Good luck.