oil due for a pull back

ok so if you look back in April or so this year i had called the oil boom and it played out to point in fact went beyond my $75 price target. so, we haven't seen this since 2018 and about that time chevron was trading around 121$ i use chevron because it's one of those Companys don't really make money. but none the less oil is trading way to high above the trend lines which makes me think that its due for a pull back or were wedging up to new highs i don't know what's going on. is that much oil being imported and the cost of shipping is sending it to the moon or what, but institutions are buying in the largest amounts I've ever seen like its not even to late so it's to be seen?