Sunday, December 30, 2012

Oil & Gasoline Markets End 2012 with Swollen Inventory Levels

Oil & Gasoline Markets End 2012 with Swollen Inventory Levels

By EconMatters


EIA Inventory Data

In analyzing the last EIA report of the year it is noteworthy that gasoline stocks really rose the last 5 weeks of the year. The takeaway isn`t so much that gasoline inventories rose 23 million barrels the last 5 weeks of the year, wow that is some build in inventories, but the fact that Oil inventories barely budged at all during the process. http://www.econmatters.com/2012/12/oil-gasoline-markets-end-2012-with.html?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+EconForecastFullFeed+%28Posts+by+EconMatters+Only+%28Full+Content%29%29

No comments:

Post a Comment