Recession....Oil was back under $83 as overseas starts selling now, it could be profit-taking or the fact that the FED has called for the US to be in a "mild" Recession this year which will certainly affect Oil prices and at the same time OPEC is trying to convince the public that its cuts weren't because of seeing softer demand. one thing for sure is a Recession always dictates lower Oil prices depending on the severity of it. Overseas has started the selling so I expect the US to follow taking some off the table after pushing Oil from $64 to $83 is now top-heavy. Russia, Saudi, Iran must be enjoying manipulating Oil prices after the US Banking crises knowing that it'll be hazardous having higher Oil prices during these times. Weaponizing Oil after EU Sanctions. Profit-taking could be the word of the day.