EIA Crude Oil and Gasoline Inventories Preview

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  • Author
    Posts
  • #16904
    TradersCom
    Keymaster

    EIA Inventory report showed a larger draw in…

    [article]847[/article]

    #16908
    TradersCom
    Keymaster

    “Oil price stabilization in the (US) $60 to $70 per barrel [is] having a positive impact on hiring, both contract labor and direct employees, in the oil and gas industry and supporting industries.” May ISM report

    #16923
    MoneyNeverSleeps
    Participant

    Wow that is a bearish report builds, higher production

    #16935
    ClemSnide
    Participant

    I will never understand how and why the EIA and API are so different. Why do we watch the API again?

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