Why is it worth noting? Nothing has really changed since last...

Why is it worth noting?
Nothing has really changed since last week. Oil is still the backbone of the economy and the silence of laid-up oil rigs is guaranteeing a strong future for oil prices. I don't know about candlesticks or death crosses, that stuff is all bullshit. No-one can tell you where the price of oil is going in the short term.
In my opinion supply and demand are now close to balance but it's hard to be certain exactly when this will happen. Comparative inventory data is patchy week to week.
I will be using periods of weakness to add to my position in STO, you have to understand this is the natural habitat of the contrarian/value tribe. There are just by definition very few of us.
Great to hear there are so many fearful, it's making me greedy to get more STO but we will see what happens.