Currently, the Term Structure for Crude Oil is in very slight Backwardation.
The Teem Structure is flattening somewhat - this will change in time, for now it is in the Confidence Cycle interest to keep things tightly aligned, both Up and Down.
CL remains a hostage to further News Cycle surrounding OPEC's attempt to support Price to the best of their abilities within reason.
They do not want to spook the Market but instead will attempt stability in the very short term.