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Kodiak Oil & Gas Corp. Message Board

  • welbie100 welbie100 Jul 3, 2013 10:36 AM Flag

    Massive Oil Draw Down

    Oil Inventories down over 10 million barrels....gasoline & distillate down as well.

    Fundamental reasons to buy buy buy Kodiak......

    Loyal Longs will continue to dominate this story !

    let'ruck !

    Sentiment: Strong Buy

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    • WOW, 2.5 million barrel drop expect with a rise in gasoline and got a 10.4 million barrel drop and a big drop in gasoline as well

      "U.S. commercial crude oil inventories (excluding those in the Strategic Petroleum
      Reserve) decreased by 10.3 million barrels from the previous week. At 383.8 million
      barrels, U.S. crude oil inventories are above the upper limit of the average range for this
      time of year. Total motor gasoline inventories decreased by 1.7 million barrels last week
      and are well above the upper limit of the average range. Both finished gasoline
      inventories and blending components inventories decreased last week. Distillate fuel
      inventories decreased by 2.4 million barrels last week and near the lower limit of the
      average range for this time of year. Propane/propylene inventories increased by 1.5
      million barrels last week and are in the upper half of the average range. Total commercial
      petroleum inventories decreased by 14.7 million barrels last week."

15.29+0.16(+1.06%)Aug 20 4:03 PMEDT

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