Oil after stock market close
US crude oil futures settle at USD 55.93/bbl, up USD 0.02 (0.04%), Brent crude futures settle at USD 59.86, down USD 1.20 (-1.97%)
API Crude Oil Inventories (Dec 12) W/W 1900k vs. Prev. 4400k
- Refinery capacity utilisation down -1.5% at 93.1%.
- API Cushing Crude Oil Inventories (Dec 12) W/W 2700k vs. Prev. 921k
- API Gasoline Inventories (Dec 12) W/W 2800k vs. Prev. 6700k
- API Distillate Inventories (Dec 12) W/W -1000k vs. Prev. 4300k
It is hard to imagine a more stupid or more dangerous way of making decisions than by putting those decisions in the hands of people who pay no price for being wrong.
~ Thomas Sowell