RE:Makes me laughMoemoney42 wrote: At the headlines tonight..
"Oil edges lower on surprise build in US crude and gasoline stocks"
Seems like the API and IEA gets surprised alot lately.. but hey good for the algos and headlines.. who cares about the fact that maintenance is taking place in the refineries this time of year.. LOL..
Don't know who still falls for this BS anymore.. maybe the local trolls..??
And then in the article it goes on to say.... no wonder the source wants to remain annonymous... when BS is tabled.. no one wants to take ownership of the lie.. LOL.
" The API figures showed crude stocks were up by 176,000 barrels in the week ended Aug. 2, the sources said, speaking on condition of anonymity. Analysts polled by Reuters had expected crude stocks to fall by 700,000 barrels. Gasoline inventories rose by 3.313 million barrels against analysts’ expectations for a 1 million bbl draw, while distillate stocks rose by 1.217 million barrels, a bigger build than anticipated."