The oil trade has become tedious with a bigger dose of monotonous heaped inside. Not even another conflict with Iran or a drawdown in oil inventory could wake this boring market up out of its tedious movements. Perhaps that may change as the dollar is springing back to life and we get oil inventories and reports that Mexico’s PEMEX is going to spend 134 million dollars on a great oil hedge. Along with that, traders may look at other outside commodity markets that are showing some signs of stress.