My idea is similar to yours, with the announcement of the Venezuelan request and the trouble in Saudi Arabia again, the oil prices went up. Should go up again on mon and tues unless OPEC cancels it.
On wed I'm expecting OPEC to call it off and the inventory to be really high which will force price to crash and the market with it until Friday.
But this is just speculation, OPEC could agree to the emergency meeting, which would up the price even more and put a temporary bull market in place for the week.
Honestly, I have no idea what is going to happen at all, but I do have a plan ready to play the direction, and it all depends on OPEC's decision soon.
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