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Orbital Insight Corp: Seasonal demand lowers World Inventory. This ends soon.
Orbital Insight Satellite Survey shows World Inventory drop 20 mm bbls this summer. They say this is very normal seasonal draw that is expected. It...- SKEP Replied
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If this Trade Deal includes Oil & Gas purchase commitments in addition to Soybeans we get a nice bump up in oil prices.
Apparently an agreement in principle. Apparently China wants to stem the loss of supply chain . . . They also NEED U.S. pork (swine disease)...- Jabbar Replied
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Oil journalist believes increased open interest means increased oil prices. . . .
Doesnt mean so The increased volume is not all NAKED Longs It's hedged I put a "Collar" on these prices. Waiting on China Trade news. If good news...- Jabbar Replied
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Bloomberg: "OPEC+ deal isn't worth the paper it is printed on"
https://m.economictimes.com/markets/commodities/views/opec-deal-isnt-worth-the-paper-its-written-on/articleshow/72674088.cms " . . that appeared to indicate that OPEC+ output would be slashed by a very substantial 900,000 barrels a day . ....- Jabbar Replied
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EIA Imports decreased 1.7 mm/day , exports increased 1.2 mm/day X 7 days = 13.3 less Inv. NO MASSIVE DRAW. Just moved offshore.
No major inventory draw just added to offshore inventory. But oil trades in that one data point so go with the flow Happy trading- SKEP Replied
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One more job $26.20 made by moneyonlineinvestment.com what to invest in now to client vaskar. See people truly pays. Browse confirmation. People as recommended.http://moneyonlineinvestment.com/r/437602- myat moe Replied
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