.......the reserve oil supplies have been quickly replenishing themselves when previously, peak production couldbarely keep up a year ago. I understand that there are reports to the contrary, but this would seem to suggest a global slow down in oil consumption which is a pretty good indicator of the status of the global economic output.
Might be wise to sit on that cash in your mattress for a bit.
Link: https://www.ino.com/blog/2019/01/world-oil-supply-demand-price-outlook-january-2019/#.XJVmRYopCf0