We will have zero strategic reserves by October 

The US? Cause actually yes however it is at its lowest level since we began filling it. The US does swaps with companies so that the crude doesn't go "bad" but those have started to have issues because of the price. The Department of Energy (DOE) announced and then canceled the latest cude resupply because the price went up above $75 level. Not sure how they are going to plan on refilling it more given the price is likely to be stuck in the $80-90 for the foreseeable future but this is actually something I monitor as part of my job lol 

Cje95

lol
Do you know how much oil they have in storage? 
They are just creating this squeeze on purpose. 
Using any excuse to make you feel better about buying it.

Satosora

econ

Consumer prices rose 3.5% from a year ago in March, more than expected

Gas is up because Russia had to stop exporting for at least 6 months due to their refineries blowing up 😅 Iran also had a huge pipeline blow and the Houthi’s are ya know just causing more chaos so Brent has gone up to I think $90