Kelvin Exactly the data that seems to panic or elate what seems to be most investors is pure garbage. The EIA the API and most particularly China. The first two are just paid hacks of the market manipulators and Biden's crooked party. They don't give a rats AZZ about Biden or his vote seeking cronies , they just want volatility a few times a week to generate extra profits , it's never a lasting trend of up or down but every other a day manipulation. Now China , while l detest Communism and all others associated with that type of regime , our ruling party comes to mind , l do respect the long game China is playing. Their numbers are extremely suspect as they just accumulate at lower prices all their needed commodities whether Oil or Copper or others, depending upon the investors in North America to sell on bogus news. A lot of pole seem very concerned over China's political moves ,Taiwan , l prefer Formosa as an example. That's just noise , they own so much US debt as of now they could bankrupt them any time they choose , plus they keep accumulating assets world wide. Now why would they ever consider a Military confrontation or Global thermo nuclear war. .A non-starter , now that meglomania , delusional creature named Putin , is another story. Despite being one of the richest profiteers in the world his ego exceeds his love of wealth .That should be the focus .These global confrontations should translate into higher oil prices for all North American companies and the ability to boost production will come into play , down the road .Cheers K.