IAHL Corporation (IAHL)

[energybuyer]

Inventories Have Been Drawing Down
What we have also seen over recent months is relatively bullish changes in inventories. Although draws have been inconsistent relative to seasonal averages, crude oil inventories in particular have drawn down quite significantly over the past three months. Even though total crude and petroleum inventories have not drawn to the same extent, US crude inventories now stand at five-year lows.