GREY:LSTMF - Post by User
Post by
bushhog1on Jul 07, 2016 11:32am
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Post# 25031742
OIL prices falling
OIL prices fallingUsually when there is a build up of inventory, oil prices drop.
Now there is a decrease in Inventory, and oil prices still dropping.
The API said the Inventory fell by 6.7 Mln barrels and the EIA said
no the inventory only dropped by only 2.2Mln barrels.
So oil is falling because API was wrong and nothing about over all inventory
going down... what a game.