It’s Time To Make A Play On Oil 

Based on the data it sure looks like oil prices are about to move higher. Not only is the world demand picture brightening but production has yet to pick up. The latest inventory data from EIA underscores this statement as it shows not only an acceleration of weekly drawdowns but a continuation of the trend of weaker than expected data. 

Leave a comment

Your email address will not be published. Required fields are marked *