[quote=”Helmholtz Watson” post=538]IMO the obsession of the API and EIA releases despite the fallibility of them is nothing more to then to keep the show going – even better when they differ as you clean both sides of the boat – more fees etc etc
Reminds me of boxing with all the different organisations – WBC. WBA, WBO etc – create a false picture for more units to pass through.[/quote]
Great analogy – and the traders are the mug punters – now with shale suddenly the go-to man and the oil world as much as old school and OPEC want to deny when they get it that would be a f**king laugh beyond all imagination.