Why in fact demand is very bad but oil price go up? I dont really care about rumour or headline, because there are always something manipulation data. All you can do, analise chart, planning your trade if there are any setup and thats it. with good MM, i believe your trade gonna be oke.
As you can see now, oil go up almost 50% from last bottom to target D, that might be suspect any turnover there. watching supply area that price must throught it. the road may be not straight, hopefully go there safely.