Replies to post #12061 on Viewer's Choice

[littlejohn]

Bullish inventory report out on Wednesday AM...

https://ir.eia.gov/wpsr/overview.pdf

https://ir.eia.gov/wpsr/wpsrsummary.pdf

Third week of better inventory reports

looks like the charm...

Week showed growing imports with the

dropping inventories...

And spring will blossom...


So we watch...LJ

[littlejohn]

Opec may have some overdue maintenance

that may be coordinated by countries

during a reduced production period...

Russian oil flows are more known now

after months of debate to help ensure

world supply...

Russia increasing diesel exports may be

headed to Arab and Asian countires as

they tend to at this time of year...

U.S. refiners are playing catchup on

maintenance, so it is possible that

this may have been an underlying

trigger for an Opec move this week...

Mr. Market still seems to be discounting

it with a little too much negativity...


So we watch...LJ