I said on Thursday that perhaps there were some news we didn't know, like forecasts of US oïl tumbling. In fact it was a revision of its stats by EIA, which grossly overstated its weekly stats. Quite sure there were some leaks...
The other good new is Saudi ann , which indicates a change in attitude.
If the situation in China does not worsen (reactions of their gvt and central bank are frigthening), we could look again at fundamentals.
DLS Price at posting:
62.5¢ Sentiment: Buy Disclosure: Held