The actual build up was 4.9 Million. Total finished gas supplies dropped. Oil inventory build up is normal this time of year. Gearing up for the summer driving season.
The estimated build up is 500,000 barrels. Not sure where you are getting this number?
Why import Brent at $54 when we can refine WTI @ $48? Just don't make no sense??
Heavy shorts manipulating WTI will end badly soon! In all reality WTI should trade a couple bucks above Brent... It is much lighter / cleaner...
You might be right. Inventory numbers are out tomorrow at 1pm Est. I am expecting a huge draw down due to the wells that were shut down in December as well as a lower import number.