Oil's bull run hides a deep disconnect, crude traders warn

http://www.reuters.com/article/2015/05/06/us-oil-prices-idUSKBN0NR1Q320150506


While oil futures prices rebound with vigor as analysts cite strong demand, the physical crude market tells a much more cautionary tale.
Tens of millions of barrels are struggling to find buyers in Europe with traders of West African, Azeri and North Sea crude blaming poor demand.
The deep disconnect between the oil futures and physical markets looks similar to the events of June 2014 when the physical market weakness became a precursor for a futures price crash.