Commodity

Don’t Be Distracted By Year-End Oil Data, Look Ahead (Commodity:CL1:COM)

Which Way??

tap10

Year-end EIA weekly oil storage reports are about as useful as asking a fruit for life advice. Refineries typically game the storage system for tax purposes, so at the end of every year, product storage typically builds, while crude storage declines. EIA’s reported


Source link

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button