Post by
downwithdotcom1 on Jun 26, 2024 10:46am
oil inventories out....
see below...dwdc
EIA reported oil inventory build of 3.6 million barrels for the week to June 21.
gasoline inventory increase of 2.7 million barrels for last week, which compared with a draw of 2.3 million barrels for the previous week.
In middle distillates, the EIA estimated an inventory draw of 400,000 barrels for the week to June 21, which compared with a draw of 1.7 million barrels for the previous week.
Saw another story-oil IMPORTS to the US is at 2 year highs..WHY???
i suspect that the US govt wants this going into the elections
Comment by
jack4567 on Jun 26, 2024 1:35pm
Looks like the market in its wisdom has decided to ignore the EIA report.
Comment by
Marty47 on Jun 26, 2024 2:12pm
The report is getting Less and less reliable , people no longer believe the politic manipulations with oil , same as the liberals and Trudeau , it doesn't matter what they say or do people realise it's just a con game to get re-elected .....