Crude, January/February

[andyintenerife2020]

Back in November/December there was lots of chat about rising prices $91
Now, I don't see any chat and I'm becoming nervous, I have £24 a point open, i cashed £10 a point in last week at various times.

Any thoughts?
Will crude climb any further?
If so, why?
Obviously red sea, but is there any evidence?
It should already be at 91

Thanks in advance for your guidance

 

[Monte15]

Likewise I'm also following crude oil price, have been scalping the price on the latest upward momentum, i'm personally cautious at the current levels - chart technicals show possibility of $80-$82 per barrel, however the counter arguement is that if we go into recession the useage will be a lot lower and hence drive the price lower, next week or so should give us the confirmation.