5 day oil prediction for a upward price swing for oil was correct. Trading above $104 as Germany may end up partially banning Russian gas and an Iran/Israel 'nuke' tussle could be on the cards.

 

My 5 day prediction for over a 2% swing (oil price) from the 31 March low of $100 to gain at $103 on 4th April was correct.  Falling under the so called Putin 'put' of $10 and, hitting lows of $97 on the 2022/4/4, the price sharply rebounded to $104, which could be lieu to the German government, already with high energy inflation, contemplating at least a partial ban on Russian gas imports in response to Russia's widespread war crimes in Ukraine 

The $105 resistance line is next in sight for the oil price.

Also noted is the Iran nuclear talks in Vienna, Austria that have essentially broken down.  One should also watch an Israeli response to any walkout of Iranian officials.