The black liquid has been making some interesting price moves, before we move to the chart some of the more pertinent fundamental data is as follows. Hurricane Ida is taking longer to resolve, with more than 39% of Gulf of Mexico production still offline according to the regulator Bureau of Safety and Environmental Enforcement (BSEE). Then more Hurricane news arrived with Nicholas Aside, however, the expectation is for Nicholas to peter out and transform into a tropical depression instead. Further on the supply side, China's offloading of its strategic crude reserves could pressure prices if ramped up. Peering over ... (full story)