GREY:WFREF - Post by User
Comment by
JohnJBondon Dec 03, 2014 1:40pm
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Post# 23190880
RE:RE:RE:Crude oil inventories
RE:RE:RE:Crude oil inventoriesThe US weekly crude oil field report was 5000 barrels more than last week.
An increase, but half the increase from the same week last year.
The fact that the increase is less than last year is telling.
We need about four weeks of declining weekly US crude oil production to know that US oil production has peaked.