Has no effect on currency only oil. Less investory is bullish because supply is lower and prices usually are higher.

Looks like the highs were made today. Look at 4hr chart

Expensive oil in a crappy economy won't last. When stocks tank oil will go with it.

The downtrend will begin this week as demand destruction starts because of high prices and a stronger dollar.

We are in the same zone. I see $95.38 as a high in early January 2022. This is getting scary for Europe and soon the U.S. The Inflation battle is being lost now. Just no denying ...