RE:RE:RE:RE:RE:oil stocks not participating in oil's rally yet again!!The EIA inventory report appeared bullish given the intventory build was less than forecasted.
And the oil price is up with it so fundamentally it finally appears to be showing signs of syncing.
| Time | Actual | Forecast | Previous | |
| Sep 11, 2024 | 10:30 | 0.833M | 0.900M | -6.873M |
GLTY and all
downwithdotcom1 wrote: oil finished up yesterday in spite of a bearish EIA inventory report and its up again today, so thats near $3 but still, the criminal shot callers are still running down stocks like CVE, still currently trading sub $22...fundamentals MEAN NOTHING ...unbelievable...dwdc
PS.. a few snippets from newsfeeds today
"China’s biggest state refiners Sinopec and PetroChina have asked for more supply from Saudi Arabia loading for October, Reuters’ trade sources said."
"The national average price of gasoline is set to fall below the $3 per gallon mark by the end of October, ahead of the presidential election in early November, analysts say. "Americans will definitely remember the price they see when they drive into polling stations, so this is definitely good news for Harris in her campaign for president against Republican Donald Trump,” Patrick De Haan, head of petroleum analysis at GasBuddy, told Reuters