Post by
Gringotts on Sep 05, 2023 1:50pm
Tightening the screws...
I wonder how much the API numbers to be released later this afternoon will tighten the screws on the price of oil... Tomorrow could be just as interesting an "oil day" as today. :)
Comment by
Gringotts on Sep 05, 2023 2:38pm
Every Tuesday @ 4:40 pm eastern time.
Comment by
geric on Sep 05, 2023 2:48pm
Won't be until tomorrow the 6th due to holiday.
Comment by
uwebb429 on Sep 05, 2023 2:48pm
API numbers will be released Wednesday this week because of the holiday. September 6 at 4:30 ET. https://ca.investing.com/economic-calendar/api-weekly-crude-stock-656
Comment by
bullhorn3 on Sep 05, 2023 2:56pm
WTI up nearly US$2 early, now $1. Most oil stocks up 1%. So what if inventory drops? Even if WTI increaes, oil stocks are stuck. Saudis will have to push harder. I haven't seen much merger talk, so even the major oil companies don't seem to see value in 'bigger is better'... so far. Good ride so far, on the ATH bandwagon.