Oil comes off it's highs

Here is the graph for Brent Crude:

source

The price of a barrel of Brent crude closed today at $99.67.

What is behind the drop? Not increased supply. Instead demand has reduced.

All those people continuing to work from home and save on commuting costs are cutting demand, and in my opinion, it's a permanent cut in demand. Things arn't going back to how they were before the pandemic.