Global Oil Market - Jan 17

[dan_s]

Phil Flynn thinks Bulls will win the crude oil price war: https://www.investing.com/analysis/the- ... -200376483

One thing is sure to happen: Demand for oil ALWAYS increases as summer approaches. This year we can expect a 1.5 to 2.0 million barrel per day increase in demand for hydrocarbon based liquids, primarily made from crude oil. Why? because it happens every year.

IEA's monthly "Oil Market Report" will be available here on January 18th: https://www.iea.org/oilmarketreport/omrpublic/

You all should read the summary of the IEA's monthly report very carefully because the Wall Street Gang does.