Title : Lots Of Oil Still Sloshing Around -- WTI Off Almost 2% -- Now Under $68/Bbl Again -- Gasoline Prices To Plummet -- LOL -- August 1, 2018
link : Lots Of Oil Still Sloshing Around -- WTI Off Almost 2% -- Now Under $68/Bbl Again -- Gasoline Prices To Plummet -- LOL -- August 1, 2018
Lots Of Oil Still Sloshing Around -- WTI Off Almost 2% -- Now Under $68/Bbl Again -- Gasoline Prices To Plummet -- LOL -- August 1, 2018
Link here.- US crude oil inventories: another build, this time -- 3.8 million bbls
- US crude oil inventories: 409 million bbls (threshold - 400 million bbls) -- only 1% below the 5-eyar average, and that 5-year average includes the Saudi Arabia surge, 2015 - 2017, which greatly distorted things -- in other words -- still a lot of oil sloshing around
- refineries operating at 96.1% capacity: trending up
- gasoline production: 10.5 million bbls (threshold: 10 million bbls)
- distillate fuel production: 5.2 milion bbls (threshold: 5 million bbls)
- gasoline demand graphic will be posted later
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Trump Getting Ready To Drain The Swamp?
They say August is the most boring month for news. This August it could be different. He may go off the reservation. Again.
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