Here we notice some big lakes of interest in oil in the oil market and particularly in the exchange market, here are the signs, and here is the reason why.
In this image we see how low is the volume of Barrels in the stock exchange and we can feel the pressure of it, yet we see spikes up, but it will go down hard, taken straight from YAHOO.
In few hours we will see the change down for at least 2-3 days because OIL right now not interested to anybody! another key element is HOW MUCH MORE OPEC+ can take the hit? the oil will be soon 57-59$
The last key maybe the Corona news of new Variation of the Virus and lake of news if Vaccines work or not? and we speak about the Guiana Variation! of course unfortunately we soon hit more than 500k Deaths!