US Crude Oil Inventories Increased -- Uh, Oh -- November 8, 2017 -- IN PROGRESS

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Title : US Crude Oil Inventories Increased -- Uh, Oh -- November 8, 2017 -- IN PROGRESS
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US Crude Oil Inventories Increased -- Uh, Oh -- November 8, 2017 -- IN PROGRESS

Pending: US crude oil inventory; will be released at 9:30 a.m. Central Time. Uh-oh. The numbers: 2.2, 3.3, and 9.6. Uh-oh. WTI: $56.46.

CNBC is reporting that -- surprise, surprise, surprise --
  • US crude oil inventories surprisingly increased by 2.2 million bbls;
  • US gasoline inventories dropped 3.3 million bbls; and,
  • US produced a record 9.6 million bopd 


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