Replies to post #9179 on Double Crown Resources Inc. (fka DDCC)

[ProfitScout]

U.S. Crude-Oil Stocks Likely to Increase Over Next Two Months

By JENNY W. HSU
Updated Oct. 5, 2015 5:03 a.m. ET

0805 GMT [Dow Jones] The U.S. crude stock is likely to edge higher over October and November during the refinery maintenance season, says Oil Market Journal. “U.S. crude stocks are now back up to more than 100 million barrels above the level seen last year,” the report says, adding despite increase violence and volatility in Syria, the fundamentals remain. Brent prices are likely to move tightly in a $47-50 per barrel range. Brent is gaining 23 cents at $48.37 while Nymex future prices add 19 cents at $45.72/bbl.

Write to Jenny W. Hsu at [e-mail]

Link: http://www.wsj.com/articles/oil-prices-reap-slight-gains-on-weaker-dollar-1444009996