As unbiased and objective as possible.With that title in mind, oil is looking very concerning. What is behind this recent rally? If you do the math on actual storage capacity and how much excess we are producing a day, the numbers get gruesome fast. Within a few months here, we should technically be in a storage crisis and the price of oil will reflect that.
I feel this current sell off is some bigger investors getting very concerned when looking at these numbers as well.