I did, but I wrote my response really badly. I wanted to take exception to the claim "The oil cartel has been storing oil in order to jack up the price since demand is down around the world."
Demand has stayed flat around the world for oil.
Not true, demand for oil has grown since prices started dropping, just a bit slower than before.
The price drop is due to supply growing faster.
As soon as soon as they run out of storage capacity,
The situation is going to begin to change sooner than that point. What has been happing, the future traded price several months out is higher than the storage fees for that duration. As storage gets tighter, that cost differential is going down.
My understanding is much of the oil storage increase over the last several months was not due to folks gambling on a higher price later, but buying physical oil at today's price while selling a futures contract for delivery several months out and locking in their profit. That situation is not going to last longer.
Also note that storage issue is more a US event, while global stocks are rising, but not to the extent US stocks are rising. And that can be seen as the WTI price versus the Brent grows to a greater spread.