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JenningsB

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JenningsB

Re: manfromjax post# 95

Friday, 06/02/2017 3:46:00 PM

Friday, June 02, 2017 3:46:00 PM

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Oil inventories came down but then you had the Paris wildcard yesterday. If you believe in the $47-$55 range projection for the short term (I believe that was Goldman's) then we're near the bottom. It will be interesting to see where the price goes if there is another drawdown next week.

http://www.cnbc.com/quotes/?symbol=%40CL.1

http://oilprice.com/Energy/Crude-Oil/Oil-Prices-Rise-As-EIA-Confirms-Strong-Draw-To-Crude-Inventories.html
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