GREY:WFREF - Post by User
Comment by
peplareon Mar 16, 2015 2:21pm
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Post# 23526449
RE:RE:RE:RE:RE:RE:Manipulation
RE:RE:RE:RE:RE:RE:ManipulationFrom the OPEC report today
Stock Movements OECD commercial oil stocks fell in January by 5.0 mb to stand at 2,695 mb. At this level, inventories are 22 mb higher than the five-year average. Crude showed a surplus of 54 mb, while product stocks remained 32 mb below the five-year average. In terms of days of forward cover, OECD commercial stocks stood at 59.3 days, 1.5 days higher than the five-year average
So the global inventories are only 22 mb higher than the 5 year average.
Thats the way i read it.