Is Oil Bearish Suddenly?

$United States Oil Fund LP (USO.US)$ is bearish... $Exxon Mobil (XOM.US)$ is bearish... $Chevron (CVX.US)$ is bearish. How is this possible with a middle east war? Are we in such a silent recession we can't even notice a lack of oil demand?
This is the trade range I've made, there are now lower-highs in the roil range...we did see a similar move right before September 2023 though.
Curious what people think about oil going into January of 2024. Range is $83.37 - $72.51