RE:If a draw of -12Mil barrels does nothing for Oil...smallcaptdr wrote: Oil would be in the $70+ if it wasn't for the draw on US Crude Oil and Gasoline stock still in surplus assures that Oil demand for Gasoline will be largely reduced. Investors need to settle in for Oil being lower and by the time we pass by the FED rate hike on Dec 14th Oil will be trading lower going by everything on the table today.
US EIA Gasoline Stock 
US EIA Oil Stock 
Do t worry about the slow stock price advances we see today even with oil up considerably. This is the usual trend after which we will see the SPs explode the day after. I am expecting a huge explosive stock price tomorrow and then Friday.