api and eia

[cattleman + 29]

any quesses and thoughts on the reports later today and tomorrow?

[TraderTate + 186]

I'll vote for a slight draw, but who knows, and then if API says a draw, EIA can just as easily come back with a build. Every week, though it's a 'surprise' (not sure why). 

[cattleman + 29]

good call tate, well both reports were surprisingly close together so based on their track record next week I will bet they will be very far apart

[cattleman + 29]

maybe I have to much time on my hands, but I took all the of the api and eia reports numbers since the end of January and tallied the builds against the draws, the net result since jan 30th and traded at $64 has been a build of 10.71 mm barrels, maybe it does not matter the crude seasonal trend right now is up