The Oil Price Roller Coaster likely to go up on July 3

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dan_s
Posts: 37359
Joined: Fri Apr 23, 2010 8:22 am

The Oil Price Roller Coaster likely to go up on July 3

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The American Petroleum Institute reported late Tuesday that U.S. crude supplies fell by 5 million barrels for the week ended June 28, according to sources. The API also reportedly showed stockpile declines of 387,000 barrels for gasoline and 1.7 million barrels for distillates. Inventory data from the Energy Information Administration will be released Wednesday.
Dan Steffens
Energy Prospectus Group
dan_s
Posts: 37359
Joined: Fri Apr 23, 2010 8:22 am

Re: The Oil Price Roller Coaster likely to go up on July 3

Post by dan_s »

Something is telling us that oil prices might be moving higher this quarter. Watch this video
https://www.cmegroup.com/education/feat ... aling.html
Dan Steffens
Energy Prospectus Group
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