Post by
andy604 on Nov 28, 2023 10:14pm
API Color chart seems mixed up
They report a Draw of 800m but its in red so it should have been green for draws, any comments
Oil Inventories Fall by 817,000 Barrels Last Week: API
Comment by
1dollarinto2 on Nov 28, 2023 10:37pm
You would think a draw would be green; however, the way they report, the positive (green) vs. negative (red) is in relation to the forecast not the - draw vs. + build. Also odd to me is how they report the forecast at the same time as they report the actual. Aren't forecasts supposed to come out before the actual?
Comment by
andy604 on Nov 29, 2023 12:08am
Ya, its a funny system, forcasting is even stranger, i give up , i will count on EIA for now.