RE:RE:oil down, CNQ Down, everything down in oilGasoline stocks in terms of forward days of supply have tumbled from 25 to 24 over the last 5 weeks !! It is utterly amazing the volume of uninformed opinions out there. Refiners always strive with their computer models to meet demand going forward. Right now they would probably like to increase both gasoline and distillate inventories to cover lost production during fall shutdowns plus anticipated higher demand down the road.!! I am sure they will also be keen to load up on Crude at these ridiculously low prices !!
stockmarket1 wrote: https://m.economictimes.com/markets/commodities/news/crude-oil-prices-fall-as-us-gasoline-stocks-rise-for-a-fifth-week/articleshow/82423271.cms
JoeDev wrote: What's going on today is oil price drop reaction. Below 65. First time since May. Just hope oil can hold up.