Brent closed down 0.01 last night to $73.06 and WTi closed at $67.89 down 0.37. Mark Twain once said, "It ain't what don't know that gets you in to trouble. It's what you know for sure that just ain't so". Poetry. A statement that can be used to sum up this oil market pretty well right now. On the other side of words of wisdom we have President Donald Trump, WHO THINKS THAT IF YOU WRITE WITH CAPITALS AND PUT LOTS OF !!! THEN PEOPLE REALLY WILL LISTEN AND BE SCAREDDDDD. BOOOO!!!!. Ridiculous. This twitter argument that the whole world is reading is quite frankly, embarrassing. It's like being a child school and standing behind your Mum's legs shouting at someone who just pushed you over "I'll give you a knuckle sandwich Mister!". Anyway, on to other matters - this oil market. A benign end to what was somewhat of a volatile day on Brent yesterday - the market can't decide whether the trade spat, the US/Iran twitter argument or slowing Chinese demand should be the correct headline to conentrate on, so it chose all of them and flat we closed. It is surely only a matter of time before something tangible yields from the ongoing trade war stories and it probably won't be a pretty outcome, so I imagine crude will stay in a fairly narrow range over the next few days. The only ingredient to this ever-intriguing recipe however is going to be product demand in the US. Last week we saw a gasoline draw, a few weeks of those and a hurricane or 2 and oil could get up to those mankini levels once again. Good day.