The Powers That Be (TPTB) have a Plunge Protection Team (PPT) for both the stock market and crude oil. They came out with the oil PPT in 2015 when crude went down below $30. They had to get crude back up to $50 or higher to protect the oil sector Stocks, especially the Bigs; Exxon, Chevron and Conoco who have been bleeding copious cash even before the oil price plunge. Thanks Greg for the heads up - Yes indeed an "Event" is coming soon.