InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
Subscribe Login/Register
S&P 500
5,099.72
(
1.02%
)
US TECH 100
17,260.40
(
1.66%
)
Dow Jones
38,243.32
(
0.41%
)
Brent Oil
88.41
(
0.29%
)
Bitcoin
63,479.46
(
-1.56%
)
Post# of 17737
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Keep Next 10 Report Keyboard Shortcuts
Next 10 Prev Next

Bobwins

Send PM Follow Ignore
Followers 556
Posts 17432
Boards Moderated 42
Alias Born 10/21/2003

Bobwins

Re: None

Wednesday, 04/05/2017 10:52:18 AM

Wednesday, April 05, 2017 10:52:18 AM

Post# of 17737
Crude inventories drop more than expected, API reports
US crude oil stockpiles fell by 1.83 million barrels last week, exceeding expectations for a 300,000-barrel drop, according to the American Petroleum Institute. Gasoline supplies plunged by 2.56 million barrels, while distillates were down by 2.09 million barrels.

oil stocks are going to run more if inventories keep falling. Have read from several different sources that inventories were distorted because OPEC members exported every ounce of oil they could find just prior to announced trimming of production in November. This bloated storage and has clouded the picture ever since.

We'll see if the inventories keep coming down.

I have some options on REN and OAS.

Please post stock symbols first in all your posts. If it's a foreign stock, please list the US pk equivalent symbol.

If the Commodities Boom is Over, I am just a Gold Bug headed for the Windshield of LIFE

Public Reply Private Reply New Post
Keep Last Read
Keep Last Read Next 10 Report Keyboard Shortcuts
Next 10 Prev Next

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.

Sign Up