API and EIA Ahead the next 2 Days.
Both will be suspect, as they should be.
The CL Curve is interesting and deserves a review.
__________________________________________
Overconfidence
Hindsight
Regret Avoidance
All part of the Crude Oil Trade at present.
How it shakes out will be extremely telling for Oil.
___________________________________________
China claims to have 5 years of Strategic Reserves
and is now threatening to release them.
OPEC is claiming Peak Oil again, to provide the
counterweight.
____________________________________________
With important Data directly ahead, something is
going to give.
Both will be suspect, as they should be.
The CL Curve is interesting and deserves a review.
__________________________________________
Overconfidence
Hindsight
Regret Avoidance
All part of the Crude Oil Trade at present.
How it shakes out will be extremely telling for Oil.
___________________________________________
China claims to have 5 years of Strategic Reserves
and is now threatening to release them.
OPEC is claiming Peak Oil again, to provide the
counterweight.
____________________________________________
With important Data directly ahead, something is
going to give.