very Simple metrics that help determine if you want to be a buyer or seller of WTI .Obviously plenty more goes into making this decision but a Nice overview of Supply and 1 portion of demand.
Z8/M9 CL calendar spread trend is down and trading negative=Supply ample
Weekly EIA storage report show 5 consecutive weeks of Builds of Oil In storage
Cl/brent spread continues to trend lower as pattern of lower highs remains
Rbob crack touching 3 year low,Seasonality does not explain all of this drop
