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July 8, 2017

Oil Market Analysis 7-8-2017 (Video)

By EconMatters

We discuss the EIA Report that came out on Thursday this week, as well as the Baker-Hughes Rig Count numbers, along with OPEC News and what this means for the oil market fundamentals in this commodities based market video. The big question for Oil Traders next week is how much of the Gasoline Demand was the July 4th Holiday Ramp Up? We will pay attention early next week if the $43 level holds in WTI, but look out below if we have a bad EIA Report on Wednesday.

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Item Reviewed: Oil Market Analysis 7-8-2017 (Video) Rating: 5 Reviewed By: EconMatters