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inventories

Inventory Drawdowns Mount as Summer Driving Season Gets Underway
29 May 2015

Inventory Drawdowns Mount as Summer Driving Season Gets Underway

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

After a record run of 16 consecutive weekly U.S. crude oil inventory builds the tide has turned and we are currently experiencing a streak of 4 consecutive weekly drawdowns:      Via Sober Look Given that we aren’t even at peak demand … Continued

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Crude Oil, inventories
A Climactic Bottoming Event in Crude Oil
18 Mar 2015

A Climactic Bottoming Event in Crude Oil

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

I have not kept it a secret that I have been looking for a marginal new low in WTI crude to wash out weak handed bulls followed by a violent upside reversal. Today this scenario happened in a most unexpected … Continued

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Crude Oil, Gold, inventories

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