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

Posted: Tue Jul 02, 2019 5:20 pm
by dan_s
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.

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

Posted: Wed Jul 03, 2019 2:51 pm
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