A look at prices in the context of commercial inventories shows there is a clear pattern. The 2 variables have a very high inverse #correlation, and May’s average Brent crude oil price fit the historical trend, chart @HakyungKim @financialtimes.com https://www.ft.com/content/c9b5b0d3-e9f8-489f-b85a-835ded2837a6