Bullboard - Stock Discussion Forum NORTHERN BLIZZARD RESOURCES INC T.NBZ

Energy Oil & Gas Integrated

"Northern Blizzard Resources Inc is engaged in the exploration, acquisition, development and production of petroleum and natural gas reserves in western Canada."

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NORTHERN BLIZZARD RESOURCES INC > Dicrepancy between API and EIA Inventory Report

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Post by TonyDj on Oct 26, 2016 5:47pm

Dicrepancy between API and EIA Inventory Report

The Energy Information Administration reported a draw of 600,000 barrels in U.S. crude oil inventories for the week ending October 21, bringing a shred of calm to the market worries sparked by the American Petroleum Institute’s estimate of a 4.8-million-barrel inventory increase reported yesterday.

How could the reporting be so off every week. I don't know what the true numbers are anymore as I am constantly getting scammed but I feel that the trend for higher Oil prices is in.Maybe its best to just ignore the numbers and not pay any attention. I am looking forward to the next quarterly earnings for NBZ shortly.

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