6.66% crude sell-off, reason to worry?

[Carlsbad + 19]

Is this something bigger or just the usual weak spring demand season? (refinery maintenance)

[LAOIL + 33]

This is probably a temporary sell-off, because both supply and demand are pretty much in crude's favor longer term. 

[Seleskya + 50]

I see only limited losses in the oil market. Sell-off was more about concerns stocks were overvalued, not broader economic slowdown.