RE:QuestionUnfortunately the big players are manipulating the price of oil. We are still
in the crossfire of market share positioning.
I must say its quite the coincidence that this EIA report coincided with the world energy conference in Houston. This wasn't so much a inventory build as this could've been ships off loading oil storage.
Short story, us little guys are just going to have to wait it out, buy and sell accordingly.
if you're an investor, stay long. This time next year we will be in a good position.