27
Jun
Wednesday – Oil Inventory Day
Newsflash: Citigroup slashes ratings on the refiners. Let’s get to the inventories: Oil Inventory Expectations (from the Dow Jones and Bloomberg Surveys): Crude: Expected UP 1.0 to 1.05 Million Barrels. Often we see large inventory numbers in one week reversed by lower numbers in the next. Last week’s giant 6.9 mm barrel crude build was [...]