The Brent oil price fell last night to $49.72 after hitting new recovery highs. Henry Hub launched to $2.28mmBtu in sympathy:
Geopolitics is wreaking havoc with oil. Libya is at war with itself though the developments there looks bullish to me, from Reuters:
Libyan security forces captured a second town from in as many days from Islamic State, a spokesman said, pushing the militant group back toward its stronghold of Sirte and away from positions near major oil terminals.