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ALWAYS look at futures. It's not predictive directly - often contrarian - it's how people are betting.
There used to be a site for futures/options that looked at both sides of any trade, and calculated the "maximum pain" point - where everyone lost. Now, that was pretty decently predictive. So it's no longer a free service on the web. Funny thing, that.
I use spot oil and futures to decide on trading some oil companies I trade. Usually it amounts to a bit of a heads up - from an hour to a day - on what they're going to do. Reminds one of babies and candy on some trades.