Oil can decline to as low as $35 was the OVX to repeat the Sins of the Past @ 517.
Were it merely to double from here to fill the Gap, $57 OIL was our of Target several Months ago... it may finally come to trade barring any major disruption(s).
More $ is lost Retail buying the Dips on the way down than in almost any other Commodity.
It is a Face Ripping exercise when Oil corrects to its intended FILL.
Any excuse will do, it is far more manipulated than any other Commodity, including Gold - the Relic of prior Monetary Malfeasance.