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Crude Oil Storage Report - Nov 23

Posted: Wed Nov 23, 2016 6:48 pm
by dan_s
CRUDE OIL INVENTORY'000 bbls (Week Ended 11/18/16)

Current: 489,029
Actual Build/(Withdrawal): (1,255)
Economist Average Estimate: 290
Previous: 490,284

This is mildly bullish, but all eyes are now on OPEC. If they announce an agreement to curb production, oil should quickly move over $50.

Re: Crude Oil Storage Report - Nov 23

Posted: Thu Nov 24, 2016 1:19 pm
by dan_s