|Day's Range||0.0400 - 0.0499|
|52 Week Range||0.0400 - 0.6300|
|PE Ratio (TTM)||-0.35|
|Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Goldman Sachs (GS) thinks that a rise in production from OPEC, Russia, and the US in 2H18 could lead to renewed oversupply by the end of 2018.
US crude oil production fell by 9,000 bpd to 9,305,000 bpd on May 5–12, 2017. Production fell 0.1% week-over-week, but rose 5.8% year-over-year.
The EIA estimated that four-week average US gasoline demand rose by 33,000 bpd to 9,248,000 bpd between April 28, 2017, and May 5, 2017.