The oil price war has established new rules in the global oil market. Both consumers and supplies turned out to be involved in the conflict between Russia and Saudi Arabia. In fact, at the moment, oil prices are mostly shaped by buyers. Amid the dispute, quotes tumbled to record lows in a rather short period of time. Moreover, oil supply significantly exceeds the already low demand. However, large oil purchasers, including the US, Europe, and China, managed to benefit from the situation. Old habits die hard. Thus, on the so-called Black Friday, the US bought the biggest possible amount of cheap oil. According to the official data provided by the US Department of Energy, oil reserves rose almost by 20 million barrels whereas reserves of gasoline and distillates advanced approximately by 6 billion barrels reaching the highest level since summer 2017. There is so much oil in the country that there are almost no free storage space left, and strategic reservoirs are completely full. Report from the US Energy Department failed to encourage market participants and capped a rise of oil prices. The contango spread is the main indicator of the oil market health. It has recently hit the record high since 2009. At the moment, the contango spread between May and June oil futures is $9. It means that oil futures for May are almost $10 cheaper than the June contracts.