You are upset that markets are working as they should? I don't follow.
Discussion
Prices spike on tariff announcement and, as if by some magic, we have a news story drop that warns of oversupply is market manipulation.
That's not market manipulation, it's literally just markets. Formerly live traders, now just computer terminals with people and algos.
A month ago inventories edged down and future forecasts lower.
When opec makes cuts or announcements price dips or spikes.
Nothing new. It's just markets reacting.
I see this happen more often than not as I look at this stuff five times a week and when the oil markets open on Sunday. If it was every once in awhile, I would agree with you but it doesn't.
In contrast we have the inverted relationship between crude and NatGas: ~ 80% of the time when crude is up, NG is in the red and vice versa. Now THAT is the market. Traders are using one to hedge the other and that's organic.
Dropping a "well timed" news article about inventory numbers I think have been as bullshit as the CPI for years isn't organic. It's manipulation.
The official eia inventory report comes out as 1030am eastern. Like clockwork. The petroleum industry self reports at 430p est on Tuesdays. Lol. Not a well times story, literally just the release as is supposed to be.