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SA Editor Eli Hoffmann's
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257 comments
Rating: 121
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I doubt the crude stocks are bogus. Actually, they'd probably be a lot higher, except that they're being kept artificially by floating oil in tankers at sea just to keep it out of the monitored stock.
Jan 07 13:28 pm
|Rating:
+1
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All Comments by SA Editor Eli Hoffmann »Petroleum Inventories come in much higher than expected. Crude +6.7M vs. consensus of +1M. Gasoline +3.3M vs. +0.75M. Distillate +1.8M vs. +1M. Feb. crude futures dive, -5.8% to $45.74. [View news story]