RE:RE:14.6 Million BOE/DAY Draw - EIA ReportSomeone sounds like they're panicking a bit to be pumping so hard. Keep it up; maybe you'll move the needle a little if you keep going. Just try not to seem so desperate.
Also, youre ill-timed investment in ARX shows the dangers of day trading and market-timing. Great company but nobody can predict the direction of short-term price moves. You've proven that.
MyHoneyPot wrote: The EIA report show a large physical actual draw, the headline news is really What If in January.
The oil sell off does not make sense, especially in the wake of lowering interest rates. The trading of oil futures is a paper market and reacts in real time but does not alway represent the physical reality of the market.
Total commercial petroleum inventories decreased by 14.6 million barrels last week.
MHP
IMHO