Regarding your question about if the news are relevant, please check the US Inventories evolution since the year 2000 for example. You will see a huge, massive built! Current levels are all-time record highs! And, after checking this, your first question would be: why the heck oil price is not 10 USD per barrel yet?! Well, here is a book sample of why the fundamentals are good but to a certain point
I really appreciated your momentum/race car analogy, I understood immediately what you were talking about with that great analogy. Also much appreciate the bank explanations. Thanks very much for your great generosity. My current system required me to call in but I got everything clear over the phone.