Transocean Ltd. (RIG): US Crude Inventories now at 8.874M barre...

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Transocean Ltd. (RIG)

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Wednesday, 01/28/2015 11:28:29 AM

Wednesday, January 28, 2015 11:28:29 AM

US Crude Inventories now at 8.874M barrels down from 10.071M barrels last week. If crude is going to $30, the US inventory is going the wrong way. Someone call Goldman and tell them to check inventory before they call for a crash in crude prices.

Another funny thing is that Bent is now selling for $49.39 barrel. WTI is a little soft at $45.36. Nothing new here. Just an average trading day with a slight up trend.

It seems that the crude traders are ignoring Goldman. I think I will to.

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