Crude firms ahead of US data, page-2

the direction is higher $40 here we come , OK I won't get to excited but for those that might recall a couple of years ago it took around 6-9 mths from Jan 14 to start to realise the low inventories were growing markedly, the lag caught many when POO then in Aug 2014 accelerated lower as stock builds increased. Now I'm feeling a little ground hog dayish, the only difference is POO is going up. IMO once realization of US declines, continued positive draw data starts building, freeze set in (Iran would really make that much of a difference), the movement in POO will be sharp and those that scoped up SXY in the mid teens will be smiling well that's the plan.