Mensajepor Matu84 » Jue Oct 12, 2017 12:14 pm
Comentario de otro foro:
this was great post...Kudosn"don't understand this morning's move. IEA reports crude/product supplies against 5 yr avg drop from 195mb to 170 mb. that matches OPEC report. IEA reports flat OPEC production for latest month as well. yesterday EIA STEO report shows US production for August revised down ~400k from weekly reports to 9.09mb. That will equate to a downward revision of 12mb in stocks when next monthly report comes out. Older monthly revisions had already revised June stocks down by 10mb and July stocks by down 15mb from weekly reports. When the September monthly reports show actual production was not weekly average of 9.35mm, there will be more stock supply revisions. Bottom line, today's EIA stock supply report is at least 10-15 mb high. Oil price is what it is, but I no understand." the fact is that total US oil stocks are now only 40M above the 5 year average and if the above holds true, probably on 20M...