KAR - Chart, page-186

"The IEA revised its oil demand forecast higher, meanwhile, expecting growth to come in at over 1.3 million bpd this year, up from 1.2 million bpd in last month’s report.Another cause for supply concern was the string of Ukrainian drone attacks on Russian refineries which are affecting fuel output in the world’s largest exporter.“The strikes on Russian refineries added $2 to $3 a barrel of risk premium for crude last week, which remains in place as we start this week with more attacks over the weekend,” Vandana Hari from Vanda Insights told Bloomberg. Reuters has estimated that the attacks have caused the idling of 7% of Russia’s refining capacity over the first quarter of the year. Meanwhile, the prospect of peace between Israel and Hamas just became even more distant, as Israel’s Prime Minister Benjamin Netanyahu said he would proceed with a planned attack on Rafah despite advice to the contrary from Israel’s allies."

May be the above reports have changed their minds. 90+ Oil has been in many reports for last half this year. Oil currently close to 86 seems to give credence to their prophecy's.