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January 25, 2017

Oil and Petroleum Product Inventories Worse Than Last Year (Video)

By EconMatters



We examine the EIA Data this past week, and it is interesting what a difference a year makes psychologically speaking as we have more inventories in storage across the board yet we are almost double the oil price versus this time last year in $53 a barrel versus $26 a barrel. There is a lot of Fantasy Land Thinking Going On in Financial Markets Right Now!




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Item Reviewed: Oil and Petroleum Product Inventories Worse Than Last Year (Video) Rating: 5 Reviewed By: EconMatters