Oil Inventory Update

With oil reaching new highs on the back of the oil inventory drawdown, I decided it was time to update my chart on the topic.

Oil inventory days

People who know more about energy investing than I have objected to my naive supply/demand analysis, so for now I make no attempts to draw conclusions. I’m still not convinced, but will keep my trap shut unless I can back it up with more substantial data.

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Topics: Oil and Gas Operations, Integrated Oil and Gas, Oil (USO), Energy, Economy | RSS

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