Interesting comment by Nuttall todaywhen he casually lengthened 100 dollar crude oil target price out to possibly next year. It seemed he was a lot more shot term bullish in his last appearance on BNN
Then today a guest on CNBC said there is a previously announced 26 million barrel scheduled SPR release coming in later April.
She also said two of the storage tanks that would be used to replenish the SPR's are down for maintenance, so she said there won't be any oil purchases by the Gov't this year.
Not sure how much this will affect demand but hopefully not much and the tanks come back on line much sooner.