oil: is there an oil boom coming..?!

٢٢ سبتمبر ٢٠١٧

OIL

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recent news headlines :
-What's driving the global glut of oil | PBS NewsHour
-BP warns of price pressures from long-term oil glut - Financial Times
-The Oil Supply Glut Is Here To Stay In 2017 | OilPrice.com
-Biggest Gasoline Glut In 27 Years Could Crash Oil Markets | OilPrice ...
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lets see how suddenly this presumed "Glut" disappears .. evaporates in the air..?!

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i wasn't able to publish my cadjpy chart (because i reached my day limit )
so here it is: (though i saw someone else chart where he spot an inverse head & shoulders on the daily scale .. not sure ..me be it was cadgbo)