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Wednesday, March 22, 2017
US weekly EIA oil inventories +4954K vs +3000K expected
Prior was -237K
Last week was the first draw after 9 weeks of increases
Cushing +1419K
Gasoline -2811K vs -2400K expected
Distillates -1910K vs -1500K expected
Refinery utilization +2.3% vs +0.23% exp
Production +0.2% w/w and +1.0% y/y to 9.129mbpd
Isn't it amazing here we are two months into the Republican
presidency and now all of a sudden out of thin air retail is crashing,
housing is crashing the market is crashing...yet just three short months
ago the Obama presidency everything was rose colored glassed and GO
SHOPPING.
Im calling Market manipulation MEDIA manipulation BS and the Deep State doing its darnedest to destroy Trump.
Im calling Market manipulation MEDIA manipulation BS and the Deep State doing its darnedest to destroy Trump.