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crude inventories

Two Reasons Crude Oil is Ripe For a Short Squeeze
27 Jan 2016

Two Reasons Crude Oil is Ripe For a Short Squeeze

by Ceo Technician | posted in: Charts, crude oil, Energy | 0

U.S. crude oil inventories rose a stunning 8.38 million barrels in the last week to reach 159 million barrels above average for this time of year:    Source: Bespoke Ordinarily one would assume that the crude oil price would be … Continued

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crude inventories, Crude Oil, futures, H&S Bottom
Crude Oil Inventories Enter Seasonal Drawdown
13 May 2015

Crude Oil Inventories Enter Seasonal Drawdown

by Ceo Technician | posted in: Charts, crude oil, Energy | 0

After months and months of inventory builds to extreme record levels crude oil has finally begun to see some draws including a surprise 2.2 million barrel draw last week:   There are likely to be additional inventory draws over the … Continued

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crude inventories, Crude Oil, seasonality, summer driving season

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